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 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 -
Cities and states have until Aug. 1 to apply for the funds.
June 6 -
"Nobody knows what scoring means," Trump said as the dispute over how the "One Big Beautiful Bill" plays out.
June 5