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"If unfavorable economic numbers ... are released next month, we should expect a hold on any rate cuts and a possible rate hike to follow, putting a damper on any positive returns for the rest of the year," said Jason Wong, vice president of municipals at AmeriVet Securities.

The state will charge active employees higher salary-based health plan premiums to avoid a near-term $1.3 billion deficit.

The state is expected to pursue a TIFIA loan instead of toll revenue bonds.

The pair is scheduled to be sentenced Nov. 13.

Doe announced his decision to hand over the day-to-day duties to his partners in a client email on Friday.

The annual awards for the municipal finance industry will be celebrated at the close of The Bond Buyer's Infrastructure conference in Boston, September 29-30, 2025.

Introducing The Bond Buyer's newest class of Rising Stars, who will be honored at an awards dinner in Boston on Sept. 30, 2025.

Municipal bond insurance volume grew 12.6% in the first half of 2025 year-over-year, according to LSEG data.

Electric power bond issuance was up 47.8% and educatron issuance was up 31.6% from the first half of 2024.

Rising underwriting spreads are a "flashing neon sign that the muni market is still nursing the hangover from higher rates and choppy flows," said James Pruskowski, an investor and market strategist.