Caitlin Devitt has covered the municipal bond market since 2008. She began her journalism career at the Herald Newspapers on the South Side of Chicago, starting as a reporter and rising to Managing Editor. While at The Bond Buyer, she covered the Detroit bankruptcy among other Midwest-based stories. Devitt joined Debtwire Municipals in 2016, where she covered the high-yield municipal bond market for five years, before returning to the Bond Buyer as Senior Infrastructure Reporter. She lives in Chicago with her family.
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Two House municipal finance caucus members are running for Senate next year.
November 14 -
Rural providers face $137 billion in federal Medicaid cuts from the One Big Beautiful Bill Act.
November 13 -
A planned vote on health insurance subsidies will be key to how Congress handles the next funding cliff at the end of January, market participants said.
November 11 -
Assured Guaranty commented on Brightline and PREPA during its third-quarter earnings call, on which the company reported a 46% increase in third quarter gross par written year over year, to $7.85 billion from $5.38 billion.
November 10 -
The industry for years has lobbied Congress and the Treasury Department to make the changes, but the issue has taken on more urgency amid a data center boom that promises to transform the U.S. energy landscape
November 7 -
The ruling comes as the municipal bond market closely watches the administration's effort to control federal infrastructure spending.
November 5 -
House Republicans hope to mark up the next surface transportation bill early next year.
November 4 -
Meanwhile, the Brightline West train project has floated a possible debt exchange ahead of its own mandatory redemption later this month.
November 3 -
States have spent weeks preparing for how they would cover the $8 billion shortfall in food stamps for the month of November.
October 31 -
Logan comes to the firm from Raymond James; before that he was a longtime Citi banker.
October 29 -
Contractors that have been absorbing cost increases in fixed-price projects may insist on the more flexible pricing built into progressive design-build delivery models.
October 28 -
Jamie Doffermyre has worked in munis at Truist Securities, Citi and Merrill Lynch.
October 24 -
The spending cuts and reforms to Medicaid and SNAP in the One Big Beautiful Bill will be phased in through 2028, but most states will start preparing early next year.
October 23 -
"I've never seen this level of hand wringing at the issuer level," said Matt Boles, managing director at RBC Capital Markets.
October 22 -
Yakym praised the successful effort to preserve the tax exemption throughout One Big Beautiful Bill negotiations and encouraged market advocates to keep lobbying lawmakers.
October 21 -
Its triple-A bonds have recovered after cheapening earlier this year under a pressure campaign from the Trump administration.
October 20 -
State and local pension funds are "surviving but not thriving," said Equable in its State of Pensions 2025 report.
October 17 -
"The project is not dead," said the transportation planning board chair.
October 16 -
The financing challenges facing both Brightline projects have translated into falling bond prices.
October 15 -
Investors sued after the fund's sudden June selloff.
October 15
