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.
-
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 -
The CTA's funds have been "put on hold to ensure funding is not flowing via race-based contracting," Office of Management and Budget Director Russell Vought said.
October 3 -
Political dysfunction is far and away the leading economic and policy concern for muni market participants, according to a new Bond Buyer infrastructure survey.
October 2 -
The Congressional Budget Office said Tuesday that federal agencies would lose $400 million each day during a shutdown.
October 1 -
Nearly $29 billion of the $30 billion cap has been allocated, said Morteza Farajian, director of the Department of Transportation's Build America Bureau.
October 1 -
At The Bond Buyer's infrastructure conference, panelists speculate about the reliability of federal funds under the current administration.
September 30 -
Top figures in public finance have weighed in on important events at this year's Infrastructure event.
September 30 -
Republicans established the fund to ease pressure on rural providers facing Medicaid and ACA insurance cuts.
September 26 -
How Congress and the Trump administration navigate the next several months carries implications for municipal issuers and investors.
September 25 -
The ever-rising cost of projects is the number one financial challenge for municipalities, according to the latest survey from the National League of Cities.
September 23 -
Advocates have floated similar measures repeatedly over the course of several administrations with no luck.
September 22 -
The administration wants the project "to be a model of how to build quickly and cost effectively," Transportation Secretary Sean Duffy said.
September 22 -
All of fiscal 2025 was funded under continuing appropriations instead of the traditional appropriations process.
September 19 -
Bondholders are pitted against each other in the case, where it looks like the majority holders may become owners of the distressed companies.
September 18 -
The House oversight subcommittee hearing was titled "Virtue Signaling vs. Vital Services."
September 17 -
A group of bondholders are floating fresh financing to a bankrupt metals recycler that elevates their bonds above other holders.
September 16 -
Utilities, and the local governments and states that house data centers, are wrestling with policy questions about who should cover the costs of the projected spikes in water and electricity demand.
September 16 -
Infrastructure like vertiports may be financed with municipal bonds.
September 15
Load More