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The first tobacco bond payment default raises the prospect of additional isolated failures, but not a systemic sector collapse, according to Market Intelligence analyst Jeff Lipton, highlighting how vintage, lien, turbo and reserve features can produce sharply different cash flow and liquidity outcomes.

Figuring out a way to account for the shift in market demographics is crucial to the long-term future of the muni market, but it doesn't appear to be a priority.

The rating agency confirmed the Texas city's A1 bond ratings, ending a review for potential downgrade spurred by an impending water supply crisis.

Puerto Rico's debt and budget situations have improved but its political culture and economic trajectory haven't, many observers say.

The nation's two largest crude oil producing states are reporting revenue increases in the wake of the Iran conflict, which began Feb. 28.

Daily report for July 2, 2026

A number of factors are driving rate volatility, but the muni market is better positioned for a strong summer than it has been in a decade, according to Hennion & Walsh's James Pruskowski.

The Trump administration's attempt to strip funds for the Gateway Hudson River rail tunnel project "fragrantly" violated federal law, according to a judge.

Municipal issuers sold $299.293 billion of bonds in the first half of 2026, up 5.2% year-over-year, according to LSEG data.

Rep. Brendan Boyle, D-Pa., said he is crafting a bill to "disincentive states and localities" from offering public subsidy packages to lure professional sports teams across borders.

Illinois-based Bernardi Securities released an Environmental Risk Index that gauges relative environmental risk within municipal bond portfolios.

The modern bond market is no longer defined by dealers and asset managers alone.

Daily report for July 1, 2026

Strong offerings and the promise of July redemptions are helping munis weather a rough UST market, according to NewSquare Capital's Kim Olsan.

A smoke-covered east Los Angeles for days evoked images of last year's wildfires that decimated the city. Cleanup around the massive cold storage facility is expected to take months.

The budget includes plans for transportation bonds to be sold over the next few years.