News and Information from Bond Buyer

Bond markets believed Trump would likely keep tariffs in place in some form — even before the president made his announcement later in the afternoon — which partly explains their muted response throughout the day.

Senior public finance banker Eric Avila has joined Siebert Williams Shank & Co. as managing director and head of the Midwest region.

JPMS violated MSRB Rule G-32 as well as MSRB Rule G-27, FINRA found. 

While near-term uncertainty is inevitable, the court's decision should be accretive to growth expectations and somewhat disinflationary.

The National League of Cities and the National Association of Counties are teaming up with several other local government agencies lobbying Congress over infrastructure funding.

The commission also approved developing a plan to refund $286 million of bonds.

Money is flowing into mutual funds and buyers are snapping up deals.

California voters face roster of massive measures, headlined by high-stakes billionaire tax battle.

This is the sixth time in seven weeks that inflows have topped $1 billion.

"This split enforcement action is unconstitutional and unlawful," their opening brief said.

Huntsville Healthcare Health System plans to use a private placement to make the $450 million purchase and then refinance with bonds in late 2027.

Indiana's House Ways and Means Committee unanimously approved a plan to build a stadium to lure the National Football League's Chicago Bears.

Philadelphia-based Elizabeth Preate Havey brings deep Pennsylvania connections to Dilworth Paxson's public finance practice.

Ballard has shuttered its decades-old public finance practice.

Although Lee County has been a tourist destination, since COVID, its year-round population increased.

"For 2026, we expect municipal bonds to remain compelling as reinvestment demand stays strong and rate normalization progresses," said Brian Barney, municipal portfolio manager at Parametric.

Colleagues and friends described the investment banker and former deputy state treasurer as a man of integrity with a certain gravitas, a charismatic presence and a calming influence.

Some Northeast issuers are searching for new borrowing strategies to cope with added costs and federal funding cuts. 

The board reflects a range of roles, ages and locations, which is appropriate given how much WPF has grown, its president said.

The Texas city, which has been hit with negative rating actions over its water woes, signaled it will issue revenue bonds in its hunt for new supplies.