Southwest

A heat wave blasting Texas and other states is unlikely to lead to days-long blackouts as 2021's Winter Storm Uri did, the rating agency said.

A new study found that following the recent law in Texas law barring muni underwiriting by banks discriminating against the oil and gas industry, municipalities face higher borrowing costs after many players exited the market.

Arizona's law offers vouchers to all parents to choose where their children are educated at taxpayer expense. The impact on public school finances is uncertain.

The lack of a TRANs deal will put off a test of how competitive bidding for the debt may be impacted by the state’s pro-firearm and fossil fuel policies that have sidelined a few big underwriting firms.

Officials in New Mexico's state capital are fretting that late audited financials audit could lead the state to withhold state bond proceeds for city projects.

Munis have been steady to firmer in spots over the past few trading sessions as fundamentals have taken over. Triple-A 30-year munis dipped below 3% Tuesday, the first time since early June.

The Oklahoma Turnpike Authority is seeking approval from a state oversight council for bonds to begin funding an expansion project that faces two lawsuits.

The $11-billion-plus calendar is the largest in eight weeks and includes two large high-grade issuers which may entice buyers into the market.

Seventeen months after Winter Storm Uri hit the Southwest, state-sanctioned securitizations are queuing up to mitigate a huge spike in energy costs for customers, with an Oklahoma deal the latest to price.

Phil Washington would bring an issuer's perspective to the top FAA spot.