Market conditions are attractive on the long end, which has weakened, said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.
The Northern Illinois Municipal Power Agency returned to market for the first time in a decade as two of its three members re-evaluate their energy options.
The municipal market is completely a buyer's market right now, said Kim Olsan, portfolio manager at NewSquare Capital: "I wish I had more cash to put to work."
Public backlash over data centers is affecting political positions in the mid-term elections and inspiring legislation in Loudoun County Va., the acknowledged front line of the debate.
As parties renewed arguments on the administrative expense claim, some judges probed the nature of the bondholders' contribution to PREPA.
Proposed federal grant rules and dwindling aid are among the factors that municipal market participants should be tracking, said panelists at The Bond Buyer's infrastructure conference.
