The Latest

Major headwinds for the muni market include climate change, growing federal debt, shrinkage of the workforce, the impact of remote work, cybersecurity attacks, and political polarization. And they are poised to be costly for states and municipalities.

Kaufman Hall & Associates, Piper Sandler and Montague DeRose & Associates moved into the top 10, while CSG Advisors, Estrada Hinojosa and RBC Capital Markets were bumped.

The state's transportation commission took action to end a comprehensive development agreement for a partially bond-financed toll lane project on State Highway 288.

Muni to UST ratios also continue to rise across the curve, inching closer to more normal averages.

Voters in the Milwaukee Public Schools District passed a referendum Tuesday that would raise property taxes to fund $252 million of additional spending.

The eight-year, $1.35 billion property tax levy would have to be approved by the City Council before going to voters in November.

A newly-proposed D.C. budget renovates a sports arena while endangering reserves.

BofA Securities remained at the top of the list.

New York State officials are unlikely to meet today's extended deadline for finalizing a fiscal 2025 budget and will probably push it back again.

Former UBS and Citi employees are being scooped up by such firms as Morgan Stanley and Oppenheimer.