The Latest

Budget Director Annette Guzman left her role Monday, Chicago Mayor Brandon Johnson said, in the latest high-profile finance departure from his administration.

Muni yields are still higher than they were in June, said Patrick Luby of CreditSights, so investors were happy to put redemption money to work

Two hospital deals were among the first to price Monday, including $1.317 billion for Henry Ford Health and $1.118 billion of bonds for Intermountain Health.

But a toll-backed public-private partnership remains possible for the more than $1 billion project.

The city moved to a less-restrictive Stage 2 drought status for water use in another sign after recent rain that a water supply emergency is no longer imminent.

If the referendum passes, it is expected to have major impacts on the finances of local governments in Florida.

Proposals for reforming the Federal Emergency Management Agency are attracting attention from the ratings agencies.

The Texas city will offer $540.55 million of senior lien and $122.45 million of junior lien special tax revenue bonds to investors this week.

Market Intelligence analyst Jeff Lipton says overreliance on financial ratios can obscure forward-looking credit risks, making qualitative factors such as political willingness, management strategy, cyber-threat preparedness, legal security and economic and policy change essential to muni decision-making.

Positive developments in Iran have munis looking stronger, said Tim Iltz of H.J. Sims, but if the headlines turn negative, it could hurt markets in a week with high volume.