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Raymond James has added four senior public finance professionals — two to its Chicago office, and two to a new office it is opening in Naperville.

"While the shutdown will eventually be resolved, present circumstances may catalyze tactical investment opportunities as a way to capture even more compelling yield and income opportunities," said Jeff Lipton, municipal market intelligence analyst for The Bond Buyer.

Four cities were ordered to halt recent tax hikes pending an investigation of whether they complied with a state law that enforces a deadline for annual audits.

The rating agency cited narrowing reserves and the expectation that the city will experience declining revenues next year.

The Baa3 rated government will now have more trouble supporting the struggling Guam Memorial Hospital, Moody's Ratings said.

The board also said it plans to return more than $23 million in surplus operating reserves to the municipal bond industry.

Political dysfunction is far and away the leading economic and policy concern for muni market participants, according to a new Bond Buyer infrastructure survey.

Ohio Gov. Mike DeWine's property tax working group released its final recommendations on Tuesday.

Los Angeles County supervisors asked staff to draft restructuring alternatives for the county's Office of Emergency Management.

While the cost of caring for older people can pressure municipal issuers, in states like Florida wealthy seniors can also contribute to economic vibrancy.