Finance

Research from The Bond Buyer finds that political will is the strongest impediment or asset to the growth of P3 activity across the U.S.

Saint Francis University in Pennsylvania, also grappling with the stresses facing many smaller schools, downscaled its sports program to NCAA Division III.

Markets grew stronger upon news of the extended ceasfire in Iran, but the reaction was less pronounced than Tuesday's rally.

June redemptions are $44.4 billion. July and August will see $37.7 billion and $38.4 billion returned, respectively, said Pat Luby, head of municipal strategy at CreditSights.

The muni market's gains are likely a continuation of Tuesday, Charles Schwab's Cooper Howard said, but markets could turn sour after personal consumption expenditures data is released Thursday.

Municipal finance professionals surveyed by The Bond Buyer said unrealistic revenue projections were the top driver of problems for public-private partnership deals.

Huntington Securities has hired Shai Markowicz, a veteran of Citi and Morgan Stanley, as managing director and head of project finance.

Munis and USTs both received a boost from news of a possible peace deal with Iran.

New data from The Bond Buyer finds more than half of respondents agreed that private sector partners stand to benefit the most from the increased use of P3s.

The market has seen a trend of "happy endings to each week, disappointing Mondays," according to James Pruskowski, managing director at Hennion & Walsh.

"We're going to have some weak days, we're going to have some stronger days, maybe they wash out against each other," said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.

Ajay Thomas, head of public finance at FHN Financial, said the market has been "totally driven" by headlines out of the Middle East this week.

Artificial intelligence is very soon going to allow treasury departments to spend vastly less time on routine work and more on stategy, thereby lowering borrowing costs.

As the war in Iran drags on, fears of inflation and higher oil prices are driving up yields, according to Schwab's Cooper Howard.

Research from The Bond Buyer finds a majority of muni pros predict public-private partnership volume to moderately increase over the next few years.

Munis cheapened ahead of what may be another volatile week, according to AllianceBernstein's Daryl Clements.

Rate hikes appear to be more realistic following this week's hotter-than-expected consumer price index and producer price index data, said Kevin McGuigan, director at Municipal Market Analytics.

S&P put some Iowa school district issues' priority-lien ratings on CreditWatch with negative implications after the General Assembly passed property tax reform.

Market Intelligence analyst Jeff Lipton explains why proposals targeting wealth, property, and income taxes matter for municipal credit, and outlines what investors should watch in revenue replacement capacity, reserves, political willingness, and legal security structures.