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"As with most fast rallies there are sessions when the market pauses to assess where fair value should play out," said Kim Olsan, senior vice president of municipal bond trading at FHN Financial.

Observers say Puerto Rico's 2024 elections may not change government policy much.

Rising interest rates resulting in economic growth is counter-intuitive, counter-historical, and counter to conventional economic theory. Munis have been largely impacted.

Gov. Brain Kemp signed an executive order Wednesday extending a suspension of Georgia's gasoline tax as prices at the pump remain high, but begin to fall.

The law promises major changes to how issuers disclose data.

Outflows slowed from muni mutual funds with LSEG Lipper reporting investors pulled $151.1 million for the week ending Wednesday while high-yield saw inflows of $190 million.

Maine voters in Tuesday election shot down a ballot proposal for a public takeover of private electric utility providers.

Municipal Market Analytics noted the current size of the outstanding TOB market — at about $50 billion from highs of nearly $500 billion before the Financial Crisis — reflects a reduced credit concentration risk and lower overall leverage.

A group of taxpayers argue that a property tax increase approved by Austin voters in 2020 for light rail cannot be used to support bonds.

The rating agency expects that an uptick in revenues will outpace expenses as the not-for-profit hospital industry gets a handle on labor costs.