WHEFA gets a new executive director
Larry Wiemer II took over last month as executive director of the Wisconsin Health and Educational Facilities Authority after three...
Bonds
Munis quiet, larger calendar awaits investors; UST curve inversion stirs recession fears
Municipals were mostly steady to close out the week, but the 30-year U.S. Treasury ended lower than the entire short...
For first time in 17 years, New Jersey’s GOs get a credit upgrade from S&P
For the first time since 2005, S&P Global Ratings has raised its rating on New Jersey's general obligation bonds. S&P...
Yields fall to close out March, but munis end Q1 deep in the red
Municipals were better Thursday as triple-A benchmark yields fell while U.S. Treasuries were mostly steady and equities ended down.Triple-A municipal...
Los Angeles takes wastewater bonds to market amid sewage spill fallout
Los Angeles’ finance team will be counting on its wastewater system’s record as “a large and frequent issuer with strong...
Muni yields fall as retail pops its head in
Municipals were steady to firmer in spots with triple-A benchmark yields falling for the first time since March 17 and...
Michigan opens spigot on infrastructure spending with $4.7 billion package
Michigan Gov. Gretchen Whitmer signed legislation Wednesday that pours $4.7 billion of federal funds and state surplus revenues into spending...
Weakness pervades for munis, particularly on short end
Municipals were weaker on Tuesday, most pronounced on the short end again, while U.S. Treasuries pared back some losses but...
How ESG affects credit ratings
Transcription:00;00;03;16 - 00;00;24;27Chip BarnettHi and welcome to another Bond Buyer podcast. I'm Chip Barnett. My guest today is Nora Wittstruck....
Muni yields rise further while UST curve inverts
Municipals were weaker Monday, moving the five-year muni above 2% while the U.S. Treasury curve inverted and equities ended in...
How federal disaster aid is still playing into Puerto Rico’s recovery
Four and half years after hurricanes Maria and Irma battered Puerto Rico, followed by the COVID-19 pandemic, federal reconstruction aid...
The U.S. transportation P3 sector: lessons learned and looking forward
In 2008, a consortium of private firms offered Pennsylvania $12.8 billion for a 75-year lease of the Pennsylvania Turnpike. Then-Gov....
Five Southeast states have achieved full jobs recovery, Fitch says
Ten states reached full pre-pandemic employment levels in January, according to Fitch Ratings.Five of these states are in the Southeast...
New York Fed: Run on MMFs could be reality if regulators don’t act
Investors could face a run on money market funds in the coming months as interest rate increases and liquidity concerns...
Munis end rough week with yields rising double digits on short end
Municipal yields rose Friday to close out a rough week, with the short end of the curve again seeing the...
Puerto Rico Oversight Board inks renewable energy deals for PREPA
The Puerto Rico Oversight Board conditionally approved renewable energy agreements that are projected to save the Puerto Rico Electric Power...
Bonds remain in the mix as Illinois grapples with unemployment fund debt
Illinois in on track to put $2.7 billion of its American Rescue Plan Act relief toward paying down a $4.5...
Munis hit hard on short end, damage felt along curve
Municipals were hit hard Thursday with up to nine basis point cuts on the short end, but the damage was...
Richard Davey to become president, COO of New York City Transit
Former Massachusetts Secretary of Transportation Richard Davey has been chosen to be the next president of New York City Transit.New...
Preston Hollow, Nuveen ready arguments over defamation accusations
Lawyers for Preston Hollow Capital LLC and Nuveen Investments will square off Thursday over summary judgment requests and what expert...
Munis sell off double-digits following UST rout
Municipals sold off double-digit basis points Tuesday following continued market volatility and a rapidly rising U.S. Treasury market. Triple-A benchmark...
