Northeast

Last year the university's investment portfolio grew by 47%, a factor contributing to the university's triple-A ratings.

Despite compelling yields and ratios, buyers continue to be selective. Even if rates stabilize, municipal investors will likely be cautious for some time, waiting for fund outflows to abate, strategists said.

Fitch Ratings revised its outlook on the city's AA-minus rating to positive ahead of a $1.08 billion general obligation bond sale.

The Louisiana House passed a bill to limit firms that "discriminate" against the firearms industry from government business. A similar bill was vetoed last year.

Mayor Jorge Elorza said the reworked bond proposal was better than the larger one put before the state Legislature last year.

Despite the pandemic, operating revenues increased 7.6% from 2019 to 2020 and 8.25% from 2020 to 2021.

The nomination to the bistate agency comes as the long-stalled project could see its first infusion of federal funds.

“The racial wealth gap is wide and growing and we need innovative policies like Baby Bonds to begin addressing it right away," says Shira Markoff of Prosperity Now.

The recovery is expected to continue this year and into next as the tourism industry looks to surpass 2019’s record-setting year.

Total April volume was $34.329 billion in 729 deals versus $37.105 billion in 1,124 issues a year earlier.