Markets

Huntington Beach approved a resolution to refinance up to $436 million of public employee pension debt with pension obligation bonds.

While Fed officials repeated their contention that monetary policy is appropriate and rates can be held if the outlook remains as expected, the situation with Iran could cause preemptive cuts, one noted economist suggests.

The Financial Industry Regulatory Authority released its annual Risk Monitoring and Examinations Priorities letter Thursday.

As interest in climate change and its impact on munis have both skyrocketed, data and research providers hope to move the needle further on those issues for the muni investment world.

The authority is making an investor push ahead of two upcoming deals.

It's been a few weeks since the market has seen "normal" issuance, but investor demand picked up right where it left off before the holidays.

President Trump announced sanctions on Iran, but with no signals about other retaliation, the markets appear convinced of no further escalation of hostilities.

The top three spots in the rankings did not change year-over-year but there were plenty of place changes in the rest of the top 10

The top municipal issuers easily surpassed their issuance totals from 2018 year, with $400.51 billion in 10,582 transactions in 2019 compared to $320.35 billion in 8,549 deals the year before. California regained control of the throne after coming in third in 2018.

The top muni underwriters accounted for $406.51 billion in 10,582 transactions in 2019 compared to $320.35 billion in 8,549 deals in 2018. There was only one change in the top five year-over-year but spots six through 10 saw three changes. Barclays and Stifel both had big improvements in the rankings, while Raymond James dropped the most.