News Feed

Daily report for December 05, 2025

Robust issuance this year has contributed to muni underperformance relative to other asset classes, but it also has "improved after-tax relative value for investors in higher tax brackets," said Sam Weitzman of Western Asset.

Race and sex-based preferences were removed from the state's Historically Underutilized Business program, which will focus exclusively on veteran-owned firms.

As South Dakota becomes the latest Midwest state to consider property tax reform, some officials are scrutinizing school districts more closely.

Dozens of lawmakers are bailing out of Congress before the midterm elections adding new wrinkles to the fading possibility of a second budget reconciliation which could require revenue raisers detrimental to the muni market.

The Local Government Commission approved bonds for Raleigh, Duke University Health System and Deerfield Episcopal Retirement Community.

The roster change comes as the powerful committee tackles the next surface reauthorization bill.

"The Nominating Committee's goal is to achieve broad representation of the municipal securities market on the MSRB Board of Directors," the committee's chair said.

The revenue bonds will fund highway improvements expected to spur economic development in West Alabama.