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Electric power bond issuance was up 47.8% and educatron issuance was up 31.6% from the first half of 2024.
August 18
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Rising underwriting spreads are a "flashing neon sign that the muni market is still nursing the hangover from higher rates and choppy flows," said James Pruskowski, an investor and market strategist.
August 18
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The market saw elevated issuance, with an average of $10 billion to $12 billion of supply per week.
August 18
