Election 2020

Top-rated muni yields fell by as much as 10 basis points on the AAA curves on Wednesday the largest move better for the market since late April, early May. ICI reported $1.2B of muni bond fund inflows.

A victory by Republican Sen. Susan Collins in Maine has dimmed, but did not extinguish, the possibility for Democratic control of the U.S. Senate.

The legalization is projected to generate about $120 million for the fiscally stressed state once the market gets established, which won’t be for another two to three years.

After two failed efforts to bring light rail to one of Texas’ most congested cities, voters approved the Project Connect measure.

In unofficial election results, four Virginia cities appear to have won approval to open the state's first casinos; a dozen bond referendums won tentative approval.

The state's voters weighed in on a shrunken slate of school bond measures, a split-roll property tax, and a bond measure to fund stem cell research.

A nonbinding referendum on U.S. statehood was leading with more than 52% support, with more than 95% of votes counted, the Associated Press reported.

Their wins brighten the future of municipal bond-friendly initiatives in Congress.

The public finance industry would gain from the reinstatement of tax-exempt advance refunding and other muni-friendly measures under a Democratic sweep of the White House and both chambers of Congress.

Democrats entered the U.S. election hoping for a repudiation of Donald Trump that would sweep them back to power in Washington. Instead, they were denied their “blue wave” by the president and congressional Republicans who defied polls to make races for the White House and Senate control too close to call.

As is usually the case, the largest bond deals appear headed for victory, although this year's tally seems to be slower than normal, given the COVID-19 pandemic.

The only major deal slated on the calendar, the Maine Turnpike Authority, came to market on Tuesday.

The economy will bounce back and stimulus will be provided no matter who is in charge, R.J. Gallo says.

The fate of the state budget and ratings may depend on the progressive income tax ballot measure. Midwest voters also face $2.3 billion of bond measures Tuesday.

Municipals were weaker in the 10-year range by as much as one basis point on Monday as all eyes fixate on election results.

This is the Lone Star State's only bond election day in 2020 after the May date was canceled because of the COVID-19 pandemic.

How “progressive” the new leadership decides to act will affect what roles the Fed will need to assume and support. Greater transparency and responsiveness to congressional leadership will be primary among them

From feast to famine, ahead of the elections, the new-issue slate dries up while the secondary held steady.

Thomas Forkin eyes legal challenges to state's intervention efforts if he defeats incumbent Marty Small in Tuesday's election.

The election results will be the most important effect on the municipal market for the next six months, S&P Live Market Survey says.