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Kroll Bond Rating Agency upgraded Wisconsin’s general obligation bonds to AAA from AA-plus and S&P Global Ratings lifted them to AA-plus from AA.

State lawmakers will have funds to work with as they has out details of the budget they enacted earlier this summer.

Tom Kozlik, head of municipal strategy and credit, Hilltop Securities

A large increase in new money bond issuance pushed the 11-state region to a big year-over-year volume gain.

COVID has impacted so many sectors of life over the past two years. Its presence has spiked a sudden increase in inflation, and whether it is a blip or a long-term trend is still unknown.

A state-by-state review of first half 2021 issuance in the Midwest.

Daily report for August 25, 2021

Kroll Bond Rating Agency also affirmed the city’s general obligation bond rating at A.

Both board members and government officials reiterated their stances on cuts to public pensions — for and against — but neither party said agreements had been reached during the meeting.

While municipals were little changed, broader markets remain focused on Jackson Hole and speculating what will be said about tapering.

The drenching of several regions exposed vulnerabilities that vary by state, and recurring problems that could jeopardize municipal credit.

An uptick in new money borrowing fell far short of making up for a decline in refundings.

The transition should not affect state credit, said John Ceffalio, senior research analyst for municipals at CreditSights.

John Ceffalio, Senior Municipal Research Analyst at CreditSights, talks with Chip Barnett about what to expect in the second half of the year. He discusses municipal bond market fundamentals, credit and climate disclosure. And he looks at the pandemic’s long-term risks for U.S. cities as the work-from-home culture becomes stronger and how higher education will cope with a new reality. (18 minutes)

A state-by-state review of first half 2021 issuance in the Southwest.

Daily report for August 24, 2021

U.S. Treasuries gave little direction Monday, holding ratios and yields steady, leading most participants to argue both are satisfactory to ride out the summer.

Fitch Ratings also maintained a negative outlook on BART.

Community banks have played and will continue to play a key role in supporting local economies across the country. Join us in a lively conversation with Dennis E. Nixon, President & CEO of International Bank of Commerce (Laredo, Texas) & Chairman, International Bancshares Corporation and Eddie Aldrete, Senior Vice President at International Bank of Commerce as we discuss: (1) the need for bankers and the business community to become involved in political issues. From minimum wage and issues that affect small businesses to regulatory issues that directly affect the banking industry, banking and business leaders need to be thought leaders in the public conversation and (2) how bankers can play a pivotal advocacy role in the free trade process.

Municipal bond volume in the Southwest region increased in the first half of 2021 as its seven other states more than made up for a decline in Texas.