News and Information from Bond Buyer

The triple-A 10-year yield is above 2% on all scales, the highest since March 2020.

The Chicago Transit Authority's sales tax pledge remains healthy even as it struggles to recover riders amid rising crime and remote work trends.

Elements of the Securities and Exchange Commission’s climate disclosure proposal may influence the Municipal Securities Rulemaking Board as it considers more specific rules for the municipal bond market.

Moving beyond its goals for the ownership makeup of a deal team, Wisconsin pushed for diversity among the lead contacts working on a recent transaction.

Jean-Yves Fillion, CEO of BNP Paribas USA, talks with Chip Barnett about the bank’s continuing initiatives in sustainable finance and how it leverages its global sponsorship of tennis to further its advocacy of environmental issues, social equity and community responsibility. Taped live at the BNP Paribas 2022 Open in Indian Wells California. (20 minutes)

Assured Guaranty Municipal Corp. and Assured Guaranty Corp. both resolved their exposure to its insured Puerto Rico debts leading to the upgrade to A1.

Muni performance has been strong as of late, and spreads have actually corrected after a month of gradual widening.

The Sites Reservoir received two doses of good news on its financing last week — a federal loan and an increased allocation from a 2014 statewide bond.

In an election year marked by inflation, lawmakers in about 20 states are considering bills to permanently or temporarily ease the sales tax burden.

The Internal Revenue Service will permanently allow TEFRA hearings to be held remotely.

The Port Authority of New York and New Jersey is a "trailblazer" in public-private partnerships, and P3 investors hope to see more action in U.S. airports.

Swain said several mediators involved in the central government's plan of adjustment are unavailable for the PREPA deal. The Oversight Board says the local legislature will not be included in the negotiations.

Next week's potential volume is slated to be $7.7 billion. The largest deal of the week comes from New York City with $891 million of tax-exempt general obligation bonds. Recent New York paper traded up Friday.

The state's workaround to the cap on state and local tax deductions in the 2017 federal tax law might be artificially elevating the figures.

The data DPC's new MuniESG uses includes both physical risk and carbon transition risk scores for more than 90% of local governments and school districts in the U.S.

The MSRB has issued a warning that with the rise in interest rates in recent months, bonds trading at a discount may be less liquid than those trading at par.

With volatility and illiquidity realities for the foreseeable future, insights into new-issue and secondary pricing are critical.

The city has succeeded in defending the tax-exempt status of a series of bonds issued in 2013 against IRS claims that they should be retroactively taxable.

The state owes $4.5 billion to the federal government for unemployment benefits paid early in the pandemic; bonds may part of the repayment plan.

Outflows continued, rising significantly in the latest week, with Refinitiv Lipper reporting $2.136 billion coming out of municipal bond mutual funds, following outflows of $661.675 billion in the previous week.