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The muni market may be shaken by a government shutdown, driving short-term volatility and wider spreads, said James Pruskowski, a public finance strategist.

Tripp Kaiser, a managing director at Municipal Market Analytics, will become executive director of the Center on Municipal Capital Markets in January.

Washington revenues through 2029 are expected to be $900 million below the 2025-27 budget estimates.

Massachusetts is set to price its annual transportation deal in early October, even as it plans for a decade of heavy transportation borrowing. 

Atlanta's airport lost $57 million of funding for the current fiscal year. Other issuers have even more at stake.

Muni yields rose up to eight basis points, depending on the scale, with the largest losses again on the front-end of the curve.

The Trump administration is ending Chicago Public Schools' access to $8 million in fiscal year 2026 grant funding, the Department of Education said.

Bond attorneys are pondering language governing tax-exempt bonds used to finance spaceports.

"If the open jacket policy is actually implemented—which we in the defense bar hope is the case—it would be a welcome reform," one attorney said.

Republicans established the fund to ease pressure on rural providers facing Medicaid and ACA insurance cuts.