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The deal funds the municipalization of a private water utility that had been controlled by investor-owned utility Eversource.

USTs ended the week looking strong after a positive CPI report, MMA's Kevin McGuigan said, while munis finally seem to have corrected from their "extremely rich" ratios.

A battle over implementation of Chicago's budget became public Thursday after Mayor Brandon Johnson's team held a midyear hearing.

The long-running financial problems of the Donald W. Wyatt Correctional Facility in Central Falls, Rhode Island, resulted in a Chapter 11 filing this month.

Proceeds from both will be used for building renovation or construction.

States continue tinkering with finding the right mix of property tax, sales tax, and income taxes leveled on the affluent.

Despite some struggling projects, student housing P3 deals that hit the primary market this year have enjoyed oversubscribed demand.

Munis finally corrected Thursday after UST yields prompted investors to reevaluate the "overstretched" asset class, NewSquare Capital's Kim Olsan said.

The default comes as charter school bonds have been the municipal sector with the most defaults this year.

The meeting, set for July 22 and July 23, will be the board's final quarterly meeting of fiscal year 2026.