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Triple-A yields continue to rise, with the two-year muni just below 2%, the five well above and the 10-year approaching 2.5%.
April 11
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The measure would cut the number of balanced budgets needed for the island to achieve fiscal independence.
April 11
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After dropping dramatically with the onset of the COVID-19 pandemic in 2020, energy severance tax revenue is soaring along with oil and gas prices.
April 11
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Independent municipal advisory firm Sycamore Advisors LLC adds veteran banker and issuer Phil Wasserman as part of its expansion.
April 11
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Legislative backers of the fiscal 2023 budget approved over the weekend with Gov. J.B. Pritzker's blessing believe it will draw more positive rating actions.
April 11
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Supply for the holiday-shortened week is $4.8 billion. Municipals performed the worst since 1980 in the first quarter of 2022, but some analysts see the pain subsiding.
April 8
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A blackout that affected almost all of Puerto Rico Wednesday still had more than half of Puerto Rico Electric Power Agency customers without electricity Friday.
April 8
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Underperforming public golf courses are an opportunity for localities to privatize, a new report says.
April 8
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The budget includes a $600 million commitment from the state to subsidize a new stadium for the National Football League’s Buffalo Bills.
April 8
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A mostly tax-exempt deal will let the District Department of Transportation to put energy efficient LEDs in its 75,000 streetlights.
April 8
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Frank DeGuire rejoined Quarles & Brady in Milwaukee this week after working as an in-house corporate attorney.
April 8
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The long bond on the exempt $955 million tranche have traded stronger in the secondary market since pricing.
April 7
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Senate Majority Leader Chuck Schumer took a procedural step before the Senate leaves for a two-week break seeking to limit debate on Lael Brainard’s nomination for vice chair, as well as Lisa Cook’s nomination for Fed governor when lawmakers return.
April 7
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Investors pulled more from municipal bond mutual funds in the latest week, with Refinitiv Lipper reporting $3.247 billion of outflows, of that $1 billion was high-yield. ETFs are still seeing inflows.
April 7
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The university will decide on a final structure for a $500 million sale that could go as long as 100 years at the time of pricing, which is expected next week.
April 7
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The combined Utah-based Intermountain and Colorado-based SCL will operate 33 hospitals and 385 clinics in Utah, Idaho, Nevada, Colorado, Montana, Wyoming, and Kansas.
April 7
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Competitive grant programs like INFRA can help address the country's infrastructure needs, but it's important that states and cities understand how to apply.
April 7
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Oregon Treasurer Tobias Read called off a lottery bond sale planned in 2020 after lottery revenues cratered because of pandemic-related business closures.
April 7
