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Midwest municipal bond volume surged more than 29% year-over-year to $46.05 billion for the first half of 2025.

The muni bond market remains strong, supported by Treasury market strength, said Anders S. Persson, Nuveen's chief investment officer for global fixed income, and Daniel J. Close, Nuveen's head of municipals.

Chicago Public Schools officials said they will not be making a disputed pension payment when they presented the district's 2026 budget at a board meeting Wednesday.

"American money is there, we just have to make it feel welcome," said board member Francis Sacr, former executive director of the Gateway Development Commission.

A lawsuit seeks to force the Texas city to reword its Nov. 4 property tax rate hike proposition to correct "misleading" language.

While Trump's trade war has roiled markets, unnerved foreign governments and provoked criticism from leading economists, S&P affirmed its AA-plus rating for the U.S. — a score it's given since 2011, when it first downgraded the world's largest economy from AAA.

The deputy treasurer of the Commonwealth of Massachusetts will be inducted into The Bond Buyer's Hall of Fame of Municipal Finance in Boston on Sept. 30.

Bond sales in the eight-state region totaled $54.9 billion, trailing the nation with an 8.1% gain year-over-year as Texas issuance slipped 7.6%.

"If unfavorable economic numbers ... are released next month, we should expect a hold on any rate cuts and a possible rate hike to follow, putting a damper on any positive returns for the rest of the year," said Jason Wong, vice president of municipals at AmeriVet Securities.

The state will charge active employees higher salary-based health plan premiums to avoid a near-term $1.3 billion deficit.