The Latest

Moody's has lifted the credit ratings on five special tax bonds.

Mutual funds saw inflows to the tune of $1.88 billion last week, marking 14 consecutive weeks of positive fund flows, according to LSEG Lipper. This brings year-to-date inflows to nearly $17 billion.

The district plans to price about $100 million of bonds Thursday, the first since Gov. Ron DeSantis took over control of it by appointing its board of supervisors.

Elena Gallo will replace Mara Holley, who is retiring.

The proposed sale size has grown to $1.5 billion and the city claims it will bring $90 million in savings this year.

The University of Arizona, which was hit with negative rating outlooks earlier this year, scheduled a debt refunding led by Morgan Stanley for Wednesday.

The rating is a new milestone in the state's long road out of legislative dysfunction.

City Comptroller Brad Lander said he's optimistic about the deal, congestion pricing lawsuits and his mayoral campaign.

The Dallas-based financial services firm, which launched a public finance business in May, announced a staff expansion.

Muni yields were cut up two to five basis points, depending on the curve, while UST yields rose five to seven basis points, pushing the 10-year UST yields above 4%.