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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"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 -
The proposal is an effort to placate Republicans worried about the reconciliation bill's deep cuts to Medicaid.
June 26 -
The selloff highlights the lack of accurate pricing and credit information across the speculative-grade muni market.
June 24 -
"The market itself should want to look at this because no one wants to give the perception of impropriety," said an investor of Stefanik's allegation that Harvard withheld material information regarding its ongoing conflict with the Trump administration.
June 23 -
Washington and Oregon are still nailing down the final cost and toll rates for the long-planned replacement for the aging spans carrying I-5 across the river.
June 20 -
The rock-bottom prices show the risks of a high-yield market where liquidity is famously limited.
June 18 -
The Senate needs 51 votes to pass the bill, which has already sparked opposition from moderate and conservative Republicans.
June 17 -
The California High Speed Rail Authority said state funds and a potential public-private partnership would be able to cover the initial Central Valley segment.
June 13 -
Hospital spreads have widened as investors wait to see how the One Big Beautiful Bill will impact providers.
June 12 -
The bill would exempt lead service line replacement projects from the IRS' private business use test.
June 11 -
"The broader themes from the demand perspective are that it's choppy and people are not necessarily jumping into high-yield munis with both feet," said First Eagle's John Miller.
June 10
