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Munis are in the black so far this month, with the Bloomberg Municipal Index at +0.33% in December and +2.88% year-to-date, the high-yield index is at +0.27% in December and returning 8.41% in 2024, while taxable munis are returning 0.43% so far this month and 4.58% in 2024.

Principal Street Partners will acquire the bankrupt firm that specialized in high-yield bonds issued for senior living facilities and charter schools.

The San Diego County-based healthcare district is at risk of "breaching financial covenants which, absent lender cooperation, could lead to acceleration of all of Palomar's outstanding revenue debt," Moody's Ratings analysts wrote.

The legislation sends unobligated dollars from the TIFIA program to the popular Surface Transportation Block Grant.

Photos from The Bond Buyer's 2024 Deal of the Year awards gala.

Connecticut is poised to ramp up transportation borrowing, after years of consistently issuing less debt than it had the capacity and authority to sell.

Investors will be greeted with a diverse new-issue slate the week of Dec. 9, led by bellwether names. If all the deals price, 2024's total should break 2020's record by the end of the week. Despite rich valuations, demand has remained strong as the year winds down.

A dispute over open meetings laws has stalled progress on UI's plans to purchase online University of Phoenix.

Pinellas County still needs to approve more than $300 million in bonds of its own for the stadium and redevelopment.

Experts are already predicting where the spending cuts will happen including the status of the tax exemption for municipal bonds.