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Half of the top 10 issuers are from New York, California issuers hold two spots on the list.

Raymond James was the sole new entrant in the Top 10, knocking out Citi — which formally exited the muni market by the end of Q1 2024.

North Dakota's Bismarck State College returned to the market, pricing $30 million of bonds, with proceeds used to finance the construction of an 80,000-square-foot athletic center.

This week again sees elevated supply, as issuance sits at $9.673 billion, with Tuesday being a very busy day.

First Eagle Investments has hired Purva Patel, based in Chicago, as managing director and senior investment specialist on its high-yield municipal credit team.

The Texas Water Development Board expects to sell up to $1.8 billion of tax-exempt and taxable bonds in September.

The judges will take written statements to decide whether to rehear the case, although petitions for rehearing are generally rejected, one observer noted.

Municipalities face the most difficulty in attracting and winning new hires compared to all other financial sector participants.

The St. Louis-based senior-living facilities operator has almost $80 million in bonds outstanding.

Scott Colbert, Executive Vice President and Chief Economist at Commerce Trust Company, says the bond market remains attractive despite recent fluctuations, noting investment-grade taxable bonds and long-term municipal bonds offer solid opportunities for investors, especially in the current interest rate environment. He also discusses monetary policy and economic expectations.