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THE R.I. TURNPIKE and Bridge Authority has announced the pricing of two bonds issues, one of which is expected to fund $50 million in project costs.

RITBA announces pricing of $50M in bonds

PROVIDENCE – The R.I. Turnpike and Bridge Authority announced the pricing of two bond issues this week, which it said will result in generating...

Taking stock

Are you an active investor? Yes: 80% No: 20% Do you own any stock or bonds directly or through mutual funds? Both: 60% Stocks: 20% Mutual funds: 20% Bonds: 0% Are you...
THE U.S. AND U.K yield curves inverted for the first time since the 2008 financial crisis. The flip is considered by some as an indicator of an oncoming recession. / BLOOMBERG NEWS

Bonds signal growing global distress as key yield curve flips

NEW YORK – The United States government bond market sounded alarms Wednesday as investors fleeing riskier assets drove the 30-year bond’s yield to a...
U.S. VOTERS approved about $76.3 billion of bond referendums in the midterm elections. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

U.S. voters backing at least $24.4B of bond sales

NEW YORK - Voters across the United States were backing at least $24.4 billion of bond sales to support school construction and infrastructure upgrades...

GA approves PawSox stadium financing plan

PROVIDENCE – The Senate on June 22 gave its approval to House-passed legislation financing a new Pawtucket Red Sox ballpark in downtown Pawtucket. The bill,...
TOO MUCH WATER, NOT ENOUGH REPAIRS: The General Assembly is now considering putting the first of two $250 million school infrastructure bonds on this fall's ballot. Should the state commit to $500 million of school repairs through selling bonds? / PBN FILE PHOTO/MICHAEL SALERNO

Should the state sell $500 million in bonds over the next...

Gov. Gina M. Raimondo has made investing in school infrastructure a centerpiece of her administration (as well as her just-announced re-election campaign). The issue...
VOTERS vote up or down referendum questions on Election Day./ PBN GRAPHIC/LISA LAGRECA

Rhode Island to issue $149M in bonds for capital improvements

PROVIDENCE – Rhode Island on Tuesday will sell $149.4 million in bonds to pay for a slew of capital-improvement programs approved by voters dating...

On the market

Does the performance of the equity or bond markets impact you or your business? Yes: 67% No: 33% Do you actively invest in the equity or bond...
HUNDREDS OF electronic chat transcripts prove some of the world’s biggest banks rigged a multitrillion-dollar corner of the bond market, according to an amended lawsuit from investors allegedly harmed by the behavior. The Toronto-Dominion Bank (TD) building, second right, stands in the financial district of Toronto, Ontario, Canada. TD Bank is one of several defendants. /BLOOMBERG NEWS PHOTO/ BRENT LEWIN

Bond rigging suit quotes cache of chats to boost accusation

NEW YORK - Hundreds of electronic chat transcripts prove some of the world’s biggest banks rigged a multitrillion-dollar corner of the bond market, according...

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