The strong performance of the New York Mets this season, which resulted in their appearance in the National League Championship series this week, may also help the team’s bonds.
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The commission also approved an audit for the financially troubled Winston-Salem/Forsyth County School District.
Fitch Ratings joined Moody's in upgrading Connecticut this week as the state prepares to sell $1.8 billion of general obligation bonds.
October is looking to be another blockbuster month for supply, with several $1 billion-plus deals on the shadow calendar, said Pat Luby, head of municipal strategy at CreditSights.
The Senate Banking Committee voted 13-11 to favorably recommend Stephen Miran's nomination for the Federal Reserve Board to the full Senate.
A mix of broader market dynamics and Chicago-specific pressures is driving the widening spreads, investors said.
Michigan lawmakers must pass a 2026 budget before Oct. 1, but the Republican-controlled state House and Democratic-controlled Senate are far apart.
