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Summer redemption season ends Tuesday when issuers return $9 billion of matured or called bond principal, said CreditSights strategists Pat Luby and Sam Berzok.

The disaster in Hawaii highlights the increasing importance of Congress to act on the dwindling budget of FEMA's Disaster Relief Fund.

Following another court ruling on a 2022 labor law the Oversight Board rejected, Puerto Rico professors doubt the local government will operate more responsibly any time soon.

The top two municipal bond insurers wrapped $15.571 billion in the first half of 2023, a 12% decrease from the $17.689 billion of deals done in the first half of 2022, according to Refinitiv data. Insurance was up in Q2.

Only the top bond counsel retained its slot, while four firms were knocked out of the top 10.

The investor-owned utility issues tax-exempt bonds through the Hawaii Department of Budget and Finance.

Bondholders granted some breathing room to the speculative-grade polypropylene recycling project along the Ohio River, now reported to have entered production.

Doty, 81, touched nearly every facet of the public finance industry over his almost fifty-year career.

The Massachusetts Department of Revenue announced fiscal '23's revenue numbers were 4.7% below the previous year's total.

"The recent outperformance has valuations nearing stretched levels again," Birch Creek Capital said in a weekly report. "If USTs reverse the recent trend higher, we would not be surprised to see munis lag during the rally."