Markets

Fitch Ratings said the upgrade reflects the city's improved operating performance due to a robust tax revenue rebound and management's proactive budgetary actions.

The Investment Company Institute reported investors pulled $1.372 billion from muni bond mutual funds in the week ending June 29.

The new credit received a triple-A from Fitch Ratings and a AA+ from S&P Global.

City and state will issue municipal bonds for the domed stadium while lowering taxpayer liabilities.

As investors shift the focus from inflation to recession concerns, fixed income markets, including munis, may regain some of the year's losses.

Mary Colby, who retires from Charles Schwab Investment Management after 30 years in the muni industry, fought for more extensive disclosure for investors.

With the Fourth of July holiday shortening the week, investors will see a paltry $2.861 billion of new issues to kick off the second half of 2022.

Denver International Airport returns to the municipal market boosted by a rating upgrade as it recovers from passenger and revenue losses in the pandemic.

The board also approved a rollover of bond anticipation notes because it doesn't have access to the bond market.

Elizabeth Funk is the new managing director of institutional sales and trading in the municipal underwriting group amid a wave of recent new additions. Natalie A. Brown has taken over as CEO.