The Latest

New money volume in the Far West was up 31.9% to $29.5 billion, while refunding volume rose a more modest 11%.

The trouble stems from a West Virginia tender offer deal Crews & Associates recommended to an issuer.

The Investment Company Institute reported $2.3 billion of inflows, bringing 2021 totals to $67 billion.

Kroll Bond Rating Agency upgraded Wisconsin’s general obligation bonds to AAA from AA-plus and S&P Global Ratings lifted them to AA-plus from AA.

State lawmakers will have funds to work with as they has out details of the budget they enacted earlier this summer.

A large increase in new money bond issuance pushed the 11-state region to a big year-over-year volume gain.

COVID has impacted so many sectors of life over the past two years. Its presence has spiked a sudden increase in inflation, and whether it is a blip or a long-term trend is still unknown.

Kroll Bond Rating Agency also affirmed the city’s general obligation bond rating at A.

Both board members and government officials reiterated their stances on cuts to public pensions — for and against — but neither party said agreements had been reached during the meeting.

While municipals were little changed, broader markets remain focused on Jackson Hole and speculating what will be said about tapering.