Homes in Larchmont, in New York’s Westchester County, which received and S&P upgrade to AAA>Bloomberg News Westchester County is ringing in the new year with a new AAA rating from S&P Global Ratings.  S&P’s analysts cited growth in the county’s reserves, conservative budgeting and strong sales tax revenue as the reason for Tuesday’s upgrade from

<img src=”https://public.flourish.studio/visualisation/21101826/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were steady throughout most of the curve outside of small bumps on the short end while municipal bond mutual funds flipped back to inflows for the first week of the year. U.S. Treasury yields fell slightly and equities were mixed. Investors added $842.4 million to municipal bond mutual

The St. Paul hospital campus of Children’s Minnesota. The nonprofit health system plans a bond sale the week of Jan. 13..Children’s Minnesota Nonprofit health system Children’s Minnesota will refinance some debt and take out new debt to fund an electronic records transition, renovations at three hospitals and the purchase of medical equipment. The city of

The Gandy Bridge across Old Tampa Bay. Florida sold bonds Wednesday to finance the building and repair of bridges and acquire right-of-way for roads.Bloomberg News Florida sold $131.9 million of bonds Wednesday with double-barreled backing from the state’s fuel taxes and full faith and credit pledge. The Florida Department of Transportation sold right-of-way acquisition and

North Carolina State Treasurer Brad Briner said his appointments to the state’s Investment Advisory Committee would improve the pension system’s growth. The North Carolina Local Government Commission approved several bond deals at its meeting Tuesday. Approved were $252 million, $90 million and $45 million of bonds for Mecklenburg County, a $200 million bond for the

<img src=”https://public.flourish.studio/visualisation/21085078/thumbnail” width=”100%” alt=”chart visualization” /> Municipals sold off Wednesday, with the largest losses out long, while U.S. Treasuries closed with small gains and equities were mixed after Fed meeting minutes showed a more cautious approach and slower pace to rate cuts. Muni yields were cut up to 12 basis points, depending on the curve,

Judges challenged both sides during a hearing on whether the U.S. government should be held responsible for COFINA bondholder losses.jiawangkun – Fotolia Appeals court judges sharply questioned both sides at a hearing to determine whether the United States government should be held responsible for losses by Puerto Rico Sales Tax Corp. (COFINA) bondholders. If the

The SEC has asked for feedback on the existing collection of information for Rule 15c2-12 on disclosure.Bloomberg News The Securities Industry and Financial Markets Association is urging the Securities and Exchange Commission to consider revamping disclosure rule guidelines and says the commission underestimates the burden the rule puts on underwriters. SIFMA outlined its concerns over

“We have a sort of ideological divide in the Republican party that’s gotten to the point where it’s intractable on some issues, in particular, anything spending and debt related,” said Joshua Huder, senior fellow, Government Affairs Institute at Georgetown University. Georgetown University Political prognosticators are looking forward to the new Congress and seeing the result of