| Day | Indicator | Last Report | Forecast |
|---|---|---|---|
| Wednesday | Treasury Budget | Nov.: -$64.6B | Dec.: n/a |
| Thursday | Import Prices | Nov.: -0.4% | Dec.: -1.4% |
| Thursday | Export Prices | Nov.: -0.6% | Dec.: -0.6% |
| Thursday | Initial Claims | 1/2: 277,000 | 1/9: 275,000 |
| Thursday | Continuing Claims | 12/26: 2.230M | 1/2: 2.218M |
| Friday | Empire State Manufacturing | Dec.: -4.59 | Jan.: -4.0 |
| Friday | PPI | Nov.: +0.3% | Dec.: -0.1% |
| Friday | PPI Core | Nov.: +0.3% | Dec.: +0.1% |
| Friday | Retail Sales | Nov.: +0.2% | Dec.: unch |
| Friday | ex-Autos | Nov.: +0.4% | Dec.: +0.2% |
| Friday | Industrial Production | Nov.: -0.6% | Dec.: -0.2% |
| Friday | Capacity Utilization | Nov.: 77.0 | Dec.: 76.8 |
| Friday | Business Inventories | Oct.: unch | Nov.: unch |
| Friday | Michigan Sentiment | Dec.: 92.6 | Jan.: 93.0 |
| Friday | Current Conditions | Dec.: 108.1 | Jan.: 107.3 |
| Friday | Expectations | Dec.: 82.7 | Jan.: 82.8 |
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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.
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Rodriguez previously worked at Janney Montgomery Scott, where she was a managing director and head of Texas public finance.
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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.
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Schools should begin auditing their programs and policies now, and bond buyers should prepare for more credit risks coming with higher education bonds.
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Fitch Ratings revised Illinois' outlook to positive, pointing to the state's recent trend toward "normalized operating performance" and diverse economy.
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The incoming Bond Buyer Hall of Famer built public finance businesses at U.S. Bank and Academy Securities by combining experienced teams, issuer trust and a clear reason for clients to choose a new franchise.
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