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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Some bondholders have retained legal counsel while others are in the dark about the company's plans.
August 5 -
Sequestration on direct-pay bonds kicks in Oct. 1 without a fresh funding bill.
August 4 -
Investors are watching an Aug. 13 refinancing on $985 million of bonds for proposed commuter line projects with southern Florida counties.
July 25 -
The fund's sell-off in June shows the challenges of accurate pricing in the high-yield muni market.
July 24 -
Larger dealer networks lead to lower markups, but smaller networks show evidence of potential collusion and market manipulation, the paper said.
July 24 -
It's among the more unconventional ideas being considered by public agencies facing large deferred maintenance backlogs.
July 23 -
While the cost of small trades is higher than institutional trades across all fixed-income markets, the gap is more pronounced in the municipal bond market.
July 22 -
First Southern LLC failed to timely and accurately report on trades executed for an affiliated hedge fund, FINRA said.
July 21 -
The House cuts are less severe than those proposed in President Donald Trump's 2026 budget.
July 18 -
Streamlining federal permitting and partnering with state DOTs are among the priorities for the next surface transportation bill.
July 17 -
"It's time for this boondoggle to die," said Transportation Secretary Sean Duffy.
July 17 -
Prices for some bonds issued for Florida's express train have fallen sharply since Friday.
July 15 -
With big state incentives and tariff protection, a United Arab Emirates-based aluminum producer has pledged to build the first new U.S. smelter in decades.
July 15 -
The dueling lawsuits underscores the need for alternative dispute resolution in public-private partnership contracts, said a P3 attorney.
July 8 -
The policy shift may crowd out some projects, warned Baruch Feigenbaum, senior managing director of transportation policy at Reason Foundation.
July 7 -
Market participants launched the largest lobbying effort in recent memory to protect municipal bonds and got what they wanted as the tax-exemption survived.
July 3 -
The megabill now heads to the House, where Speaker Mike Johnson said a vote could come as soon as Wednesday.
July 1 -
Questions over what to disclose in the bond document's risk section has concerned issuers for years, through issues like the pandemic to climate change, and now potential federal funding cuts.
July 1 -
Incoming president Lunda Asmani hopes more entry- and mid-level finance officers will join the association for training and networking.
July 1 -
The guidance comes as the tender market has grown from zero to $48 billion since 2019.
June 30
