News and Information from Bond Buyer

Market reaction to inflation numbers was "tempered," said Richard Flax, chief investment officer at Moneyfarm. But should inflationary pressures hold in 2025, "markets may anticipate that further rate cuts could be limited in scope, suggesting a more cautious investment outlook."

KBRA has placed Chicago's general obligation bond rating on watch for downgrade as the City Council prepares to vote tomorrow on a proposed property tax increase.

When communities can't access affordable insurance, it can decrease home values, tank municipal bond ratings, and cripple the tax base — and this will only get worse if left unaddressed.

Rudy MeJia Jr. has been fined and given an eight-month suspension from associating with any FINRA member firm for failing to disclose that he opened a private investment pool and was receiving commission for sales on behalf of it.

Trump's proposed corporate tax cut, if enacted, would further concentrate the buyer base and increase the chance of volatility, said Wells Fargo head of municipal strategy Vikram Rai.

PureCycle Technologies, which bought back its muni bonds earlier this year, continues to sell them on to support its liquidity needs, CFO Jaime Vasquez said.

Omaha voters approved six general obligation bond measures totaling $333.4 million last week, none of which required a tax increase.

Municipals ignored USTs losses, leading to lower muni to UST ratios and adding to the better performance across the curve and credit spectrum.

The doctrine of separation of powers bars the court from telling him how to invest the county's money, he claims.

Numerous vital issues are on the docket for the new Trump administration.

Explore how the 2024 election outcomes could reshape the municipal bond market and tax policy. The Bond Buyer's reporters analyze shifts in Congressional power, potential tax reforms, and what these changes mean for the tax-exempt status of municipal bonds and infrastructure funding across the United States.

The board has launched the new Technology Advisory Group and relaunched the Compliance Advisory Group and is seeking volunteers for both.

The incoming administration's opposition to congestion pricing has put renewed pressure on New York's governor. 

The borrower is planning to use a convertible taxable "Cinderella" structure in the wake of a delay in securing tax exemption for a chunk of the deal.

The top 10 healthcare issuers accounted for $11.52 billion in 52 deals in the first half of 2024 as the sector deals with rising costs and staffing shortages.

Orrick Herrington & Sutcliffe was the top bond counsel, accounting for $42.15 billion in 277 issues for an 11.3% market share.

RBC Capital Markets was the top underwriter for healthcare issuance in 1H

Homeowners across the nation could realize savings from as little as $20 per year to having their bill wiped out entirely.

The borrowers had failed to make principal payment on November 1 due date, but have since remitted the funds.

The focus: municipal advisors — part of your regulatory responsibilities and duties (if you don't agree to evaluate pricing and/or structure, you must expressly disclose it to the client) and broker-dealers (fair dealing).