News and Information from Bond Buyer

November "continues to be off to a strong start as yields have fallen an average of 34 basis points across the curve since the start of the month," said Jason Wong, vice president of municipals at AmeriVet Securities.

A fire underneath an elevated section of Interstate 10 closed a key piece of infrastructure in Los Angeles, California.

Knoxville, Tennessee-based Home Financial Services failed to disclose execution time, mark ups and mark downs to customers on municipal securities transactions, FINRA said.

The top five bond financings have an average dollar volume of more than $1 billion.

Flush with bond authorization from the Nov. 7 election, officials are formulating issuance plans, while Colorado's governor called lawmakers back to session after a property tax cut measure was defeated by voters.

"As with most fast rallies there are sessions when the market pauses to assess where fair value should play out," said Kim Olsan, senior vice president of municipal bond trading at FHN Financial.

Observers say Puerto Rico's 2024 elections may not change government policy much.

Rising interest rates resulting in economic growth is counter-intuitive, counter-historical, and counter to conventional economic theory. Munis have been largely impacted.

Gov. Brain Kemp signed an executive order Wednesday extending a suspension of Georgia's gasoline tax as prices at the pump remain high, but begin to fall.

The law promises major changes to how issuers disclose data.

As we all look to understand what the post-Covid cities will look like, among the biggest concerns for the cities is making up the loss of business tax revenues in commercial downtowns. We will examine the current situation and some suggested solutions.

Outflows slowed from muni mutual funds with LSEG Lipper reporting investors pulled $151.1 million for the week ending Wednesday while high-yield saw inflows of $190 million.

Maine voters in Tuesday election shot down a ballot proposal for a public takeover of private electric utility providers.

Municipal Market Analytics noted the current size of the outstanding TOB market — at about $50 billion from highs of nearly $500 billion before the Financial Crisis — reflects a reduced credit concentration risk and lower overall leverage.

A group of taxpayers argue that a property tax increase approved by Austin voters in 2020 for light rail cannot be used to support bonds.

The rating agency expects that an uptick in revenues will outpace expenses as the not-for-profit hospital industry gets a handle on labor costs.

The constitutional amendment removes a special debt limit placed on small city school districts; now they will be treated the same as other school districts.

A subpoena sent to the Oklahoma Corporation Commission this week seeks communications related to 2021's Winter Storm Uri and nearly $3 billion of utility securitizations that priced in 2022.

Amid a wellspring of federal funding to accelerate production, West Virginia is leveraging its own incentives to grow its local defense industries.

A constructive trading session in the secondary aided a busy primary once again as investors appear to be more engaged in the asset class.