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Outflows continued as Refinitiv Lipper reported $1.946 billion was pulled from municipal bond mutual funds in the week ending Wednesday after $3.094 billion of outflows in the prior week.

The permit clears land in rural Georgia for redevelopment by the electric vehicle maker, which is separately trying to validate up to $15 billion of bonds.

A decision from the Government Accountability Office supports opponents of a controversial memo outlining the administration's preferences for how states should spend their infrastructure funds.

Galperin has been a journalist, a lawyer, and a city controller. He plans to take his time before deciding what comes next.

Inflation is a chief risk to public officials eager to launch new projects, but it's a boon for infrastructure investors, who view the asset class as a natural hedge.

2022 saw rising rates, low issuance, massive fund outflows and overall volatility.

Daily report for December 29, 2022

"With only a few days remaining in the year, muni bonds have had a tough year losing roughly 8.44% for the year," said Jason Wong, vice president of municipals at AmeriVet Securities.

Gov. Bill Lee announced plans that would allow the use of public-private-partnerships for transportation infrastructure redevelopment in December.

After a slow start, the Federal Reserve got its efforts to combat runaway inflation up to speed quickly, implementing tightening monetary policy at the fastest rate seen in decades. Here's a hike by hike breakdown.

Arkansas, Louisiana, and Oklahoma will submit an application to the U.S. Department of Energy for their HALO Hub, which involves public-private partnerships.

The increasing number and frequency of cyber attacks against municipalities is a cause for credit concern, S&P Global Ratings says.

Some analysts see the Federal Reserve cutting rates in late 2023, but others expect no rate cuts before 2024.

While hope remains for certain muni priorities in 2023, others look highly unlikely to gain traction in an ideologically-split Congress.

Daily report for December 28, 2022

"Although late-year volumes may be smaller, the market tone is holding firm on the premise of no supply/rollover demand — somewhat typical for December but noteworthy for the level of volatility the market has endured," said Kim Olsan, senior vice president of municipal bond trading at FHN Financial.

State agencies expect to issue about $14.42 billion of debt during the fiscal year that began Sept. 1.

Nearly 20% of respondents to a HilltopSecurities high-yield team survey ranked liquidity and equity as their major concern for 2023.

The double-A rated toll agency has two new money toll revenue bond deals on tap for 2023, totaling $900 million.

Regulators have ambitious plans for 2023, which include best execution and time of trade proposals.