Municipal Bonds News
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Texas public charter schools, the fastest-growing part of the state’s education system, are poised to see their bonds go to top grade from near junk as a $33 billion fund backed by oil revenue prepares to guarantee the securities for the first time.
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Treasury 10-year yields traded at almost a seven-week low after President Barack Obama and congressional leaders failed to make progress on resolving a budget impasse and a gauge of U.S. service businesses fell.
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Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein left a White House meeting with President Barack Obama and said lawmakers are risking the economic recovery if they don’t raise the federal debt ceiling.
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As New Jersey Governor Chris Christie leads his opponent by as much as 34 percentage points in his bid for a second term, some Democrats say they’re worried that votes for the incumbent Republican will trickle down the ballot.
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