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The transportation bond sector may see the greatest growth in 2023 as a result of the infrastructure act, one analyst said.

"This peculiar shape of the muni yield curve has created a conundrum for investors, as all high-quality municipal bonds, with the possible exception of the long end, have become quite rich," Barclays strategists said.

Low income residents of Puerto Rico won't be charged the proposed monthly fees the Oversight Board said.

The new law gives the governor the power to appoint the Disney district's board members and renames it the Central Florida Tourism Oversight District.

A lawsuit seeking $389 million filed by a representative of junior lenders is the latest financial headache for the mall developer Triple Five.

Plaintiffs who challenged the legislation plan to ask the Illinois Supreme Court to hear the case. Meanwhile, the consolidation process has moved forward and the majority of funds have transferred their assets.

An initial toll corridor would require $8.5 billion in upgrades, which would be financed by a new bond credit under a plan under consideration by Michigan lawmakers.

"We actually are increasing the odds — we can get a soft landing. That doesn't mean we're out of the woods," Harker said.

The rainy-day fund is currently at $904 million, but Gov. Joseph Lombardo's budget targets $1.6 billion in reserve by the end of the biennium.

"The large taxable refunding or combined transactions were accomplished earlier in the year when rates were relatively low," says John Hallacy.