Markets

Munis got a bit oversold on Thursday, SWBC's Chris Brigati said. Next week's lighter calendar and FOMC meeting should help stabilize the market.

KeyBanc Capital Markets will price for the Ohio Water Development Authority $160.1 million of water development revenue and revenue refunding bonds on Tuesday.

The new rules governing low-income housing tax credits and private are already affecting the development of affordable housing.

The company has completed construction contract negotiations, which a bondholder said provides cost certainty and allows the company to focus on raising full financing.

The incoming Bond Buyer Hall of Famer combined legal training, investment banking and financial advisory experience to solve complex financings — and used that range to help develop the industry's next generation.

Since the end of June, long-dated muni yields have risen by upward of 50 basis points, pushing yields to the highest levels since the tariff-induced volatility in April 2025.

If CMS finalizes the rule, "many freestanding proton centers across 11 states would be in immediate jeopardy of being financially unsustainable," the National Association of Proton Therapy said.

The city's convention center authority plans to use proceeds from a $775 million bond sale to finance expansion of Music City Center.

Fear of inflation is hitting all markets, MMA Director Kevin McGuigan said, but high supply and low reinvestment cash mean it's hitting munis harder.

Provisions in the One Big Beautiful Bill Act designed to jump start affordable housing development are starting to trickle out into the market in the form of tax-exempt and taxable bond combos.