Federated Payment Systems LLC

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Primary bond market

Investors pull $1.5B from muni mutual funds; high-yield breaks inflow streak

"Folloing recent yield moves, a generic muni index is now down 1% on the month with no real sub-sector showing much deviation from that result," said Kim Olsan, senior vice president of trading at FHN Financial.

By Jessica Lerner

11h ago
Career moves

Nixon Peabody elevates public finance attorneys

The law firm revealed 2024 promotions.

By Scott Sowers

April 18
Public finance

Houston Controller feels the heat from city's fiscal woes

As the nation's fourth largest city faces a growing structural budget deficit, it is also expecting to issue more than $3 billion of debt for its airport, water and sewer system, convention center, as well as to fund a settlement with firefighters and for cash-flow purposes.

By Karen Pierog

April 18