Franklin Templeton hire reflects demand for muni-focused SMAs
Franklin Templeton hired Lloyd Nemerever to help the asset manager capitalize on growing interest from retail investors in separately managed...
Bonds
Utah State Treasurer: MSRB ESG request is ‘dangerous’
The Municipal Securities Rulemaking Board’s request for information on environmental, social and governance considerations in the muni market represents a...
Muni yields climb, one-year hits 1%
Municipal yields rose up to seven basis points Thursday pushing the one-year triple-A muni to 1%, a level not seen...
Gas tax relief front and center as California’s budget season nears
Tackling California's housing crisis and alleviating the financial blow of rising gas prices and inflation are hot button issues as...
Detroit inches closer to investment grade with Moody’s upgrade
Detroit’s post-Chapter 9 fiscal progress despite the COVID-19 pandemic’s revenue blows drew an upgrade from Moody's Investors Service that moves...
Democratic Govs call for federal gas tax holiday amid Russian energy ban
With the House poised Wednesday to follow President Biden’s action to ban Russian energy imports, a group of Democratic governors...
Puerto Rico judge directs quick action for PREPA
Puerto Rico bankruptcy Judge Laura Taylor Swain directed the Oversight Board to take quick action to advance a new deal...
Where infrastructure stands in D.C.
Transcription:Chip Barnett: (00:03)Hello, and welcome to another Bond Buyer podcast. I'm Chip Barnett coming to you live from the Bond...
Chargers fans hope St. Louis blueprint delivers win in NFL lawsuit
Disgruntled fans have filed a pair of lawsuits against the National Football League seeking damages for moving the San Diego...
Big Apple budget battle begins as $100 billion plan faces scrutiny
Budget season has kicked off in New York City as the first public comments on the nearly $100 billion spending...
Idaho voters asked to approve $288M of school bonds, tax levies
Idaho school districts will ask voters to approve $288.4 million of bonds and tax levies during Tuesday’s election to help...
Purple Line, Capital Beltway P3 projects win TIFIA loans
A pair of high-profile public-private partnership projects will advance after winning key federal loans this week.Maryland’s Purple Line light rail...
Appeals court sets hearing on Puerto Rico Plan of Adjustment stay
The U.S. Court of Appeals for the First Circuit set the hearing for a stay on the Puerto Rico Plan...
Swings in UST push ratios closer to 100%
Municipals ended the week mixed, while the swings in U.S. Treasuries continued and equities sold off as Russia's invasion of...
White House tells GOP to ‘show up’ for vote on Fed nominees
The White House is rejecting Republican demands to split up its nominees to the Federal Reserve, with President Biden’s spokeswoman...
Republicans resist full-court press by Democrats to OK Fed nominees
WASHINGTON — Democratic senators continued their campaign to advance the Biden administration’s Federal Reserve nominees out of the Senate Banking...
Muni yields rise, outflows clock in at $2.8B
Another day of losses for municipals on Thursday as U.S. Treasuries fluctuated throughout the session, equities were back in the...
Munis ignore UST selloff on risk-on trade after Powell testimony
Municipals saw small cuts to triple-A yield curves, outperforming large losses in U.S. Treasuries, while equities rebounded from two days...
Oppenheimer, seeing rising bond impairments, launches a restructuring group
Oppenheimer & Co. launched a municipal restructuring group Wednesday in response to a rise in high-yield municipal bond defaults as...
State and local officials defend ARPA dollars at House oversight hearing
State and local officials defended their use of stimulus funds against Republican claims that the money has done more to...
Munis improve following UST; NYC waters price
Municipals improved on Tuesday as the U.S. Treasury flight-to-safety bid continued and equities sold off on the escalating turmoil in...
