Markets

Municipal bonds have a direct effect on the social and cultural character of cities, metropolitan areas, counties, and states. Munis and the initiatives they support such as public education, housing subsidies, public transit systems, and more, can often be linked to local or regional politics. Join Lynne Funk, Executive Editor at The Bond Buyer and Destin Jenkins, Neubauer Family Assistant Professor of History at the University of Chicago as they explore how municipal bond mismanagement can have contrasting influences on the different ethnic groups in our cities.

The municipal market was steady Monday as the investors gear up for three separate billion-dollar deals heading to market from California, New York, and Connecticut issuers.

His departure comes as lawmakers are working quickly to put together an infrastructure bill, with hopes of including key municipal bond provisions.

The state said it would continue to move forward with the new prisons despite Barclays departure amid controversy over the role of private firm CoreCivic.

Transportation infrastructure, sustainability and affordable housing are in play in three different bond deals.

Sub-1% 10-year municipals and low ratios may test investor appetite for the asset class but it is hard to ignore the strong fundamentals and substantial fund flows in the backdrop.

The three-pronged Local Infrastructure Financing Tools Act was introduced Friday by Rep. Terri Sewell, D-Ala.

They will benefit projects in transportation infrastructure, housing, educational building improvements and parks.

Four out of the six economic indicators released on Thursday surpassed expectations, with consumers tapping their savings to quench pent-up demand. U.S. Treasuries made gains but municipals stood on their own in an impressive two-day rally with insatiable demand.

Forward delivery sales, a replacement for tax-exempt advance refundings, could grow in 2021.