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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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 -
The state is gearing up to grow its space industry as the federal government starts allowing tax-exempt private activity bond financing for spaceports.
October 14 -
The longer the shutdown of many federal government operations lasts, the worse it becomes for cities, states and other bond-issuing entities.
October 9 -
Carving up risk allows buyers who normally shy away from junk bonds to buy the pooled securities.
October 8 -
Transportation Secretary Sean Duffy also defended the administration's funding freeze on major New York transit projects.
October 6 -
If approved, the $6 billion federal RRIF loan would be "quite positive at this juncture," an investor said.
October 3
