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Chicago's upcoming general obligation sale will carry a Moody's rating for the first time since at least 2014.

The San Benito Health Care District board declared a fiscal emergency, a first step to declaring Chapter 9 municipal bankruptcy under California law.

After four hurricanes and 11 insurer insolvencies, a $458 million deal for the Louisiana Insurance Guaranty Association supplies capital to pay claims.

With midterms over, the action now turns to lame-duck legislation that may impact the muni market.

It appears to have been a good time to request bonds as most of the largest issues were approved.

Republican control of the House would bring leadership changes to key finance and tax-writing committees that affect the municipal bond market.

The market has seen outflows for 13 straight weeks, per Refinitiv Lipper, but Nuveen strategists Anders S. Persson and John V. Miller said "selling is due primarily to investors harvesting tax losses."

Revenues were up while economic activity slipped, with some observers suggesting Hurricane Fiona may have had a negative impact on the economy.

Seven years after dropping Chicago to speculative grade citing pension funding, Moody's returned the city to investment grade, citing pension funding.

The $2.1 billion project could appear on the May 2023 ballot if the Tempe City Council approves it and potential petition drives launched to require voter approval are successful.