A quiet start to a larger new-issue week led by L.A. Airports
It was a steady start to the week, with municipal triple-A yield curves little changed, U.S. Treasuries took a break...
Bonds
Senate advances reconciliation, impact on muni demand undecided
The Senate is set to take action Saturday on a newly inked budget reconciliation bill that continues to lack municipal...
Arrest of former Puerto Rico governor may affect island politics
The indictment of former Puerto Rico Gov. Wanda Vázquez on bribery charges damages the reputation of her political party, according...
A brush with default: Without budget, Trenton, N.J., in fiscal limbo
A budget impasse that's left Trenton, New Jersey, without an approved budget well into the new fiscal year continues, despite...
California city plans sales tax measure to pay for infrastructure, essential services
The Ontario City Council approved a sales tax measure Tuesday for the November 8 ballot to fund $1.2 billion of...
Munis outperform UST rout, but damage felt across the curve
Municipals sold off Friday with the front end of the curve being hit the hardest, though damage was felt across...
Venerable municipal statesman Frank Hoadley mourned
Retired Wisconsin Capital Finance Director Frank Hoadley — who left an influential mark on the public finance industry as a...
Oklahoma official calls for independent review of state’s first utility securitization
An Oklahoma regulatory official, who has raised concerns about the impact of the state's first utility securitization bond sale on...
Mester reiterates Fed resolve to curb inflation with rate hikes
The Federal Reserve is committed to cooling inflation and needs to raise interest rates to a little above 4% to...
Munis weaker, USTs mixed, ICI reports small outflows
Municipals were weaker Wednesday, U.S. Treasuries were mixed and equities rallied.Muni-UST ratios were at 61% in five years, 79% in...
Court approves fourth PREPA mediation extension
Puerto Rico bankruptcy Judge Laura Taylor Swain approved the extension of mediation discussions for the Puerto Rico Electric Power Authority...
Miller Canfield puts public finance attorney on board of managing directors
Detroit-based Miller Canfield public finance attorney Jeffrey Aronoff has joined the five-member board of managing directors following a vote of...
Fed ‘nowhere near’ finished with inflation fight, Daly says
Federal Reserve officials said they want strong evidence that the hottest inflation in four decades is on a sustainable downward...
No SALT relief, but budget deal moving ahead
A handful of House Democrats who advocated for an increase in the state and local tax deduction cap appear ready...
Munis mostly firmer, USTs rally out long
Municipals were mostly firmer to kick off August, while U.S. Treasuries rallied out long and equities were in the red...
July issuance drops 32% year-over-year on Fed fears
July municipal bond issuance dropped 32% year-over-year, with many issuers holding back as they awaited the Federal Reserve's latest rate...
NYC heads to market with bonds backed by charter school revenue
New York City's issuance of $22 million of special obligation revenue-backed bonds next week is just the latest in a...
Moody’s lifts Minnesota’s rating to Aaa
Minnesota has a trio of triple-A general obligation ratings after Moody's Investors Service upgraded the state to Aaa from Aa1...
Puerto Rico FAFAA objects to HTA plan of adjustment
The Puerto Rico Fiscal Agency and Financial Advisory Authority filed an objection to the Highways and Transportation Authority Plan of...
Munis close out July in the black
Municipals were steady to firmer in spots to close out a week of lackluster supply, while U.S. Treasuries were mixed...
Meredith Hathorn to lead MSRB as new chair
The Municipal Securities Rulemaking Board announced Friday that Meredith Hathorn will be its next chair of the board on the...
