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Munis are "under pressure as elevated primary supply collides with lackluster seasonal reinvestment flows, leaving dealers heavy and buyers selective," said James Pruskowski, an investor and market strategist.
July 17
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The Washington, D.C., City Council missed a deadline to approve a plan to build a $3.7 billion NFL stadium as supporters emerge touting the financial structure of the deal.
July 17
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Streamlining federal permitting and partnering with state DOTs are among the priorities for the next surface transportation bill.
July 17
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"It's time for this boondoggle to die," said Transportation Secretary Sean Duffy.
July 17
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Atlanta's airport and the rapid transit system have the biggest anticipated capital plans over the next five years.
July 17
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Two New York members of Congress called them "vulture funds" trying to get "blood out of a turnip" at the expense of Puerto Rico electricity customers.
July 16
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As the market continues to contend with the surge in issuance, investors still have a significant amount of cash that can be put to work, said Jeremy Holtz, a portfolio manager at Income Research + Management.
July 16
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SROs "are now being guided by individuals who lack a deep real-world understanding of the markets they oversee," the trade association said in a letter to the House Financial Services Committee.
July 16
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Record contributions from public employers made up for below-expectation investment returns, according to a report published by the the Equable Institute.
July 16
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Hays County will appeal a June 23 court ruling that voided a successful GO bond election while it explores issuing alternative debt to fund road projects.
July 16
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"Most states do not expect to be able to keep key roads and bridges to a state of good repair," said David Draine, principal officer, public sector, retirement systems for the Pew Charitable Trusts.
July 16
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Once considered as a promising prospect for investors, "green" bonds have been plagued by defaults, a concern for those who study the underlying technologies.
July 16
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A 2024 Illinois law loosened school bond restrictions, allowing districts to authorize some debt without an election. That caused a backlash in one district.
July 16
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The top 10 underwriters for the first half of the year brought in more than $203 billion across nearly 2,000 issues.
July 16
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As always, economists had disparate interpretations of the consumer price index, with none expecting a July rate cut. And tariff questions remain unanswered.
July 15
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Prices for some bonds issued for Florida's express train have fallen sharply since Friday.
July 15
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Puerto Rico's disputes with New Fortress Energy, the parent of the island's power plant operator, Genera PR, could spread to PREPA.
July 15
