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As valuations got richer after muni outperformance this week, Barclays strategists expect munis to be "truly tested in the next several weeks, with supply picking up."
October 13
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Officials in Connecticut, Massachusetts and Rhode Island say a multi-state coalition will help address the challenges of the new wind energy industry.
October 13
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In January 2022, mobile sports betting went live. With a 51% tax rate on gross gaming revenues, New York, Rhode Island and New Hampshire have the highest gaming taxes in the nation.
October 13
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"Further declines could weaken New York's tax revenue from the securities industry and have repercussions for our state and city budgets," said New York State Comptroller Thomas DiNapoli.
October 12
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Minutes from the September Federal Open Market Committee meeting were "not much of a market mover" Wednesday, said Scott Anderson, chief U.S. economist and managing director at BMO Economics.
October 11
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KBRA upgraded the long-term rating on the state's special tax obligation transportation infrastructure purposes bonds to AAA with stable outlook from AA-plus ahead of the deal, slated for the week of Oct. 16.
October 11
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Peter Lam has served as bond counsel to state and local issuers for public and privately placed bond issuances.
October 11
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The minor league venue in the Massachusetts city didn't generate enough revenue in its first two seasons to pay for all of the debt service.
October 10
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Mesirow's public finance group will collaborate with the firm's institutional sales and trading team to offer clients defeasance and cash-flow management for their portfolios.
October 10
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It's the bank's eighth issuance of its climate-certified one-year notes. Buy-in starts at $100.
October 5
