News and Information from Bond Buyer

U.S. District Judge Laura Taylor Swain gave no indication at the hearing as to how she was leaning and said some issues might not be able to be resolved as a matter of law.

Longer-term munis have become more attractive, said Cooper Howard, a fixed income strategist at Charles Schwab.

The effects of the One Big Beautiful Bill have yet to make a dent in state and local budgets as market experts and academics look into the future with concern.

It's among the more unconventional ideas being considered by public agencies facing large deferred maintenance backlogs.

An academic paper presented at the Brookings Institute's annual conference found that future wildfire risks are already having economically significant impacts on financial markets, municipal borrowing costs and vulnerable communities.

A new study indicates that the transition from coal to natural gas is resulting in deteriorating fiscal health in some communities and increases municipal bond yields.

A 2024 Illinois law changing sales tax distributions has ramifications for the fiscal cliff facing Chicago-area public transit agencies.

Why more issuers are opting for the tender offer. San Francisco PUC's Nikolai Sklaroff lays it out for Bond Buyer Senior Infrastructure Reporter Caitlin Devitt.

There is a buyer base that is a little bit "skeptical" of longer maturities, but it's more of a retail response, said Adam Congdon, a director at Payden & Rygel.

While the cost of small trades is higher than institutional trades across all fixed-income markets, the gap is more pronounced in the municipal bond market.

The Rhode Island Infrastructure Bank has issued a billion dollars of debt to promote clean water. 

The $719.5 million of general airport revenue bonds will help finance an ongoing multi-billion-dollar capital improvement plan.

The Illinois Municipal Electric Agency agreed with 29 of its 32 members on new contracts that last until 2055, but the holdouts include two large customers.

The legislature, which returns to respond to recent floods, could also take up bills to curb local property taxes, including bills aimed at bond issuance.

The primary market saw "decent subscriptions" last week, but the entire primary calendar came at "healthy concessions to where evals had been marked on existing bonds," Birch Creek strategists said.

The county comes to market on the strength of its recovery, according to the county's financial advisor.

First Southern LLC failed to timely and accurately report on trades executed for an affiliated hedge fund, FINRA said.

The bonds, scheduled to price next month, will have JPMorgan as senior manager.

The District of Columbia Water and Sewer Authority is selling $216.5 million of revenue refunding bonds and financing the Clean Rivers Project, a massive effort designed to reduce combined sewer overflows into the local waterways.

Stephanie Henning will establish a public finance office in Dallas, the bank's third in the state.