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Fitch Ratings affirmed the city's AA-plus GO rating while bumping the outlook on certificates of participation sold for its city courthouse.

Yields have "risen substantially over the last week as the market seeks to find at least a minor level of balance or equilibrium," said Tom Kozlik, managing director and head of public policy and municipal strategy at HilltopSecurities.

Republican-led states sued over the rule, arguing in part that it would injure states like Wyoming that depend on tax revenue from fossil fuel industries.

The state's Water Infrastructure Finance Authority is "strongly considering" the use of bonds as it seeks ideas on augmenting water supplies.

The firm, without admitting or denying the findings, agreed to pay a $60,000 civil penalty.

California Gov. Gavin Newsom said the $202 million grant signals the Biden administration's commitment to "clean, electrified high-speed rail into the heart of some of the largest and fastest growing cities in California."

Data for the second quarter show the face amount of munis outstanding rose 0.4% quarter-over-quarter, or $15.5 billion, to $4.043 trillion.

The district plans an aggressive capital program in the next few years to meet rising demand and transition away from coal-fired plants.

Bond Buyer Senior Reporter Caitlin Devitt joins Bond Buyer Executive Editor Kyle Glazier to discuss the looming government shutdown and the progress of the historic bipartisan infrastructure law two years after its passage. (16 minutes)

"People are just kind of sitting on their hands and being careful because MMD is raising yields every day and people don't know which way this is heading," said John Farawell of Roosevelt & Cross.