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A larger new-issue slate led by large deals from the Texas Water Development Board and state of Illinois took focus away from the secondary.

"The lack of progress thus far has me thinking much more now that we have to get to a moderately restrictive stance," he told reporters Wednesday.

Meredith Hathorn's almost forty years in public finance situate her well to steward the board through the coming fiscal year.

Edward Bedore, who managed city finances under by Mayor Richard J. and Richard M. Daley, died this month at 84. Bedore is also remembered for promoting the Summer Business Institute.

The electric vehicle charging program allocates the biggest chunk of federal funds to Texas, at $407 million. California is next in line, with $383 million. No other state receives more than $200 million.

The public power industry continues to deal with a host of issues from extreme weather events to environmental concerns and rising inflation.

The temporary government funding bill includes money for expected recovery needs from Hurricane Ian's landfall in Florida this week.

Daily report for September 28, 2022

Moody's affirmed its Baa3 rating and concluded a two-month-old review of the troubled city, which is under state fiscal oversight.

Elevated secondary selling pressure on Tuesday forced more losses. Triple-A yields rose by as many as seven to eight basis points across the curve, moving the entire triple-A curve above 3% and the 30-year a dozen basis points shy of 4%.

The ruling "sends a strong signal to other states that trucking is not to be targeted as a piggy bank," said the president of the Rhode Island trucking association.

Illinois will pay down another $450 million of the $1.8 billion outstanding from a $4.5 billion federal loan to pay pandemic-related unemployment claims.

Chicago is leading the pack in pension fund problems.

With interest rates expected to keep rising, the deal will tap all of the remaining authorization from the $3.5 billion Rebuilding Michigan bond program.

The tool provides summaries of outstanding debt, maturity profiles, and debt service schedules for the entire public finance market and is an outgrowth of the company's legacy Debt Maps.

John Hallacy talks with Chip Barnett about how fiscal and monetary policy is affecting the municipal bond market. He discusses recent data releases, supply forecasts and the midterm elections and the future of ESG in public finance. (20 minutes)

Daily report for September 27, 2022

The bills signed by the California governor include one allocating nearly $1.5 billion to University of California campuses for climate change research.

Bids wanteds have been elevated, municipal bond mutual fund outflows large and consistent and the short end of the U.S. Treasury curve continues its march upward, moves that muni investors cannot ignore.

Brett, whose term ends this week, oversaw the MSRB's push for a greater integration of technology as well as overseeing some controversial rule proposals.