Bonds

The Fed will gradually sell its portfolio of corporate debt purchased through an emergency lending facility launched as the COVID-19 pandemic spread panic through financial markets.

The pandemic has disrupted all businesses and governments, large and small. But how has the municipal market fared? This panel draws on research conducted by the Bond Buyer in partnership with Assured Guaranty to explore the state of muni finance amid COVID-19.

Because of COVID-19 and its effects on economic activity, the sector will continue to face some headwinds. So what do industry experts and leaders anticipate for the market this year?

Big banks led the push to offer multibillion-dollar bonds that fund affordable housing, education and nonprofits that serve needy communities. But Truist's recent $1.25 billion bond is a sign that regionals want to attract progressive institutional investors — and burnish their images.

Dominick D'Eramo, head of fixed income at Wilmington Trust Investment Advisors, talks with Chip Barnett about how the municipal bond market did in 2020 and what may be on tap for munis in the new year. (12 minutes)

Biden’s Electoral College count rose to 264, one state away from achieving the 270, according to the Associated Press, which called the former vice president the winner Wednesday in closely fought races in Wisconsin and Michigan.

Voters will consider bond issues in three states and a number of tax measures, according to the National Conference of State Legislatures.

MAGNY: Making history for the last 70 years

A bus line in Flagstaff received $17.3 million in grants to relocate its connection center and buy zero emission buses.

The repeal will help states and cities move forward with bonding and future projects, especially as spring construction season is around the corner.