Flows into high-yield muni mutual funds have slowed over the past several weeks, and the week ending Nov. 12 saw outflows of $80 million.
The situation is worsening, driven by rising costs and AI revenue risks, the forecast warns.
The project was the Georgia's first revenue-risk P3 and lays the groundwork for future express lane P3s.
The Virginia Port Authority wanted to secure the future of a key container shipping facilty. The result is the Bond Buyer's Southeast Deal of the Year.
The market is in a bit of a lull right now as it braces for a deluge of economic data, which could spark volatility, said Jeff Timlin, a partner at Sage Advisory.
After terminating the project in September, the council approved an initial deal with a new contractor team to develop design and construction options.
