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 bullet train's delays and cost overruns amount to a material project change and event of default under the federal-state agreement, the FRA said.
June 4 -
The longtime muni bond strategist left Wells Fargo earlier this year.
June 3 -
"These are the types of products that financial advisors are asking to see from us," said First Eagle's John Miller.
June 2 -
The $44 million of unrated bonds, placed only with qualified investors, feature 9.5% coupons.
May 30 -
Investors want to be compensated for the uncertainty.
May 29 -
The judge ruled the administration cannot freeze New York's federal funds in its bid to halt the controversial tolling program.
May 27 -
The Senate will likely revise the House bill, which left tax-exempt bonds untouched after months of speculation.
May 22 -
The state supreme court agreed to review the ruling in favor of a group of Wall Street banks that whistleblower Edelweiss said cost the state at least $100 million.
May 22 -
Congress needs to lift limitations on tax-exempt private activity bonds, say transportation advocates.
May 20 -
The U.S. loses its third triple-A rating as Congress works to pass a massive tax cuts and spending bill.
May 19
