Markets

Several factors make the current market "an attractive entry point" into the muni market, AllianceBernstein strategists said. For one, municipal valuations are cheap to fair value relative to U.S. Treasuries, partially due to the surge of supply in 2024.

The Los Angeles Unified School District bonds carry a sustainability label with a third party opinion from Kestrel.

Recent career moves are providing firms the opportunity to expand their markets.

The three new hires, two from Nuveen and one from Lord Abbett, will report directly to the fund's manager John Miller.

"Active ETFs are becoming an integral part of investor portfolios around the world, with financial advisors increasingly incorporating them into their models-based practice," a BlackRock spokesperson said.

As Erie County sells general obligation bonds to fund its new stadium for the Buffalo Bills, the deal team is targeting a new market: fans of the NFL team. 

"Should September's positive returns hold as we expect, it would mark the fourth consecutive month of positive total returns — the first such period since the five-month period spanning from March through July 2021," BofA strategists Yingchen Li and Ian Rogow said.

Carbon capture and broadband funding stalemated by questions over regulations

Nuveen LLC reached an agreement to sell its 11% equity stake in Vistra Vision to Vistra Corp., that started as municipal bonds ensnared in a bankruptcy.

The airport's first new money foray into the muni market in nearly 12 years will begin to fund a $1.3 billion transformation plan.