Markets

Financing for a nearly $500 million long-term investment plan would include as much as $250 million of revenue bonds that could be sold next year.

Like state governments, most cities and counties remain on "solid footing" given high reserve levels and conservative budgeting, BofA strategists said.

Munis are beginning to see headwinds and mixed technicals as a strong summer winds down, according to Municipal Market Analytics' Kevin McGuigan.

The ratings agency cited strong financial metrics and affordable utility rates.

After a weak two days, munis are turning around thanks to strength in USTs, said Chad Farrington of DWS.

Municipal bond volume currently stands at $372.991 billion in 2026, up only 0.8% from $370.022 billion at the same time last year.

Tens of thousands of acres have burned in central Oregon and in the Spokane region of eastern Washington.

Belmont University is among investment grade, well-known institutions dealing with more financial pressure due to a shrinking pool of undergraduates.

The professionals are expected to strengthen Raymond James' abilities in land-secured public finance.

Munis are experiencing a correction driven by high issuance and misaligned muni-UST ratios, according to Kim Olsan of NewSquare Capital. However, investors seem interested in the new, higher yields.