New York

Levels fell back to pre-pandemic levels, state comptroller Thomas DiNapoli said, "so the notion that it's crashing and it's all gloom-and-doom is not a fair observation."

Triple-A yields rose more than three-quarters of a point on the front end and nearly half a point out long in September as munis posted 3.84% losses.

Baby bonds provide a long-term remedy by fostering upward mobility, while current anti-poverty measures do not, according to panelist Scott Winship.

For the first three quarters, total issuance sits at $308.440 billion, down from $361.932 billion in 2021. Taxables are down 48.0% to $45.724 billion from $87.979 billion.

Triple-A yields rose 11 to 15 basis points five years and in.

In a letter a letter to BlackRock CEO Larry Fink, Brad Lander said he was concerned the firm's actions don't align with its stated climate commitments.

The taxables are the city's first social bonds, which S&P said are aligned with the International Capital Market Association's Social Bond Principles.

Frasca achieved national prominence as an expert in advising governments on capital development at airports and was one of the earliest proponents of public-private partnerships.

Brad Lander says using municipal bonds could be one way to help move recent immigrants into mainstream society and provide a long-term economic boost to the city.

The state board that oversees the city's finances heard a positive assessment of the Big Apple's fiscal picture, tempered with a wary gaze into the future.

Many market players have revised their supply projections downward since rising interest rates have slowed down refunding and taxable volumes and general market volatility has stopped some issuers from participating.

The congestion pricing plan that puts tolls on vehicle traffic coming into lower Manhattan still faces many hurdles before it would take effect.

Don't expect much new information to come from Jackson Hole this year analysts say, as the data-dependent FOMC will rely on incoming economic numbers in September to decide the proper size rate hike.

Losses for August climbed last week, with month-to-date returns in the red at negative 1.40% on the Bloomberg muni index, high-yield seeing 0.99% losses, taxables at 2.01% losses and the impact index losing 1.70%.

Investors will be greeted Monday with a decrease in supply with the new-issue calendar estimated at $6.711 billion, down from total sales of $10.318 billion.

With online sports wagering off to a fast start in New York State, lobbyists for online casino games want to be next.

Fitch is bulking up its public finance group with the addition of six municipal bond analysts for its offices in San Francisco, New York and Austin.

It was a busy day in the primary Tuesday, with New York City pricing $950 million of GOs for retail and Miami-Dade County, Florida, and Mecklenburg County, North Carolina, selling in the competitive market.

"Demand for low-duration tax-exempts has been so strong that short maturity benchmark yields are now lower than the after-tax yields for comparably rated benchmark taxable muni and corporate bonds," said CreditSights strategists Pat Luby and John Ceffalio.

The Northeast's issuers sold $49.69 billion of municipal bonds in the first half of 2022, down more than 18% year-over-year.