News and Information from Bond Buyer

"Historically, the weeks leading up to the April 15 tax day have been challenging for the municipal market, often due to weaker supply and demand dynamics," said Sam Weitzman, a product manager at Western Asset.

The exemption from state income taxes for Native Americans who live and work on federally designated tribal reservation land was at issue in the case.

S&P cited repeated draws on reserves for the lowered outlook.

President Trump's budget proposal for fiscal year 2027 includes $1.5 trillion for the military, while cutting FEMA's budget, privatizing the TSA, and increasing transportation funding.

The current 18,000-seat facility cost $87.7 million, and the city covered the cost with cash from its penny sales tax.

New Hampshire's deals are always well received, according to the state treasurer. She hopes that trend holds in this week's market.

Munis saw small gains Thursday, continuing the slight turnaround in sentiment the market has seen this week, with muni yields seeing modest bumps each day, said Jeremy Holtz, a portfolio manager at Income Research + Management.

The city is in danger of defaulting on bonds in the next fiscal year, according to Local Government Commission officials who say they will intervene if needed.

The $12.78 billion fiscal 2027 budget agreement unveiled by Republican officials comes as lawmakers prepare for looming federal Medicaid funding cuts.

A presidential address does nothing to quell the price of crude oil as states are now calculating the effects of rising fuel prices on their tax revenues.

Divisions are emerging among Missouri lawmakers over the $50.3 billion fiscal 2027 budget the House passed last Tuesday.

Judge Laura Taylor Swain is allowing the continued examination of a count in which a trustee is challenging fees, and some proceeds, of pre-bankruptcy bonds.

Wednesday saw the third consecutive day of falling muni yields, suggesting the market is recovering from last week's selloff. The market is well-positioned for "a strong snapback," according to James Pruskowski, managing director at Hennion & Walsh Asset Management.

Moody's assigned its first-ever rating to munis backed by bitcoin ahead of a deal in New Hampshire. 

Issuance was $50.081 billion in 697 issues, up 17.3% year-over-year from $42.709 billion across 726 transactions.

Moody's Ratings upgraded Alum Rock Union Elementary School District on proactive management actions in the face of enrollment and fiscal challenges.

Texas is set to become the world's largest data center market by 2030, according to JLL.

Despite declining enrollment, Texas school district paper remains popular among investors because of the AAA-rated Texas Permanent School Fund pledge.

The filing of a writ of mandamus with the state Supreme Court, comes a day after S&P revised its outlook on Otero County to negative.

The Trump administration has helped usher cryptocurrency more into the mainstream as more states pass laws enabling them to invest and issue bonds backed by digital currency.