News and Information from Bond Buyer

The CPI numbers coming in pretty much as expected "was a relief" to the markets, with the bond market rallying after the release, said Luke Bartholomew, senior economist at abrdn.

Some lawmakers are calling for a more cohesive federal strategy on broadband funding.

The Securities and Exchange Commission will be issuing two different rulemaking proposals to address the controversial Financial Data Transparency Act.

Washington Gov. Jay Inslee signed legislation Tuesday improving a tax increment financing program created in 2021 that wasn't working as intended.

Chicago Mayor-elect Brandon Johnson hopes to make an announcement on the CFO post before taking office Monday.

A bill passed this week would place a measure on the November statewide ballot to prevent growing home values from raising property taxes.

"This recent escalation of the Disney-DeSantis fight is unnerving, but it doesn't make that fight any more consequential for the municipal market," said Justin Marlowe of the University of Chicago.

The key question for issuers will be how lawmakers decide which funds are protected and which are open to being rescinded.

Many say continued lower rate would threaten U.S. Virgin Islands' financial solvency.

Fiscal '24's capital financing program leans on a mix of state and federal debt and over $900 million in bonds.

Despite the attraction for new issues, sources said there is still uncertainty overall in the municipal market stemming from the regional banking crisis.

The repercussions of the train derailment in Ohio are a rallying cry for regulation.

Without a consensual plan, the bankruptcy could be dismissed.

The acrimonious relationship between the university and its private partner has spilled into the courts and underscores that P3 deals don't remove all risks.

The application is a web-based workflow tool that houses data in a centralized location to reduce the need for users to go hunting all over the place for basic information, documents and records.

A downgrade of the nation's credit would shake the muni market.

State Senate Ways and Means Committee chair Patrick O'Connor said Gov. Maura Healey's tax proposals would remain largely untouched.

Now that there is more "clarity from the Fed on the path of interest rates, both investors and issuers may start to move off the sidelines," said Daniel Close, head of municipals at Nuveen.

Although Hawaii lawmakers nixed his proposed tourist tax, Gov. Green points to positives.

If implemented, New York's congestion pricing plan will be the first in the nation.