Investments

The state was one of three where one person was responsible for deciding how to invest pension money.

Issuance takes a bit of a breather due to the Juneteenth holiday and the Federal Open Market Committee meeting, Barclays strategists said.

The California High Speed Rail Authority said state funds and a potential public-private partnership would be able to cover the initial Central Valley segment.

"There's a lot more we can do now that we have a platform," said DPC DATA CEO Ken Hoffman.

The wait for finished audits dropped across municipal sectors from 2022 to 2023, a new report says, but the median time is still higher in the long run.

BlackRock strategists are "constructive" on munis for multiple reasons and think the current market environment presents itself as a buying opportunity, especially as issuance continues to be elevated and provides "ample ability" to source bonds in the primary market.

Hospital spreads have widened as investors wait to see how the One Big Beautiful Bill will impact providers.

The bond panel approved $215 million in public facilities revenue bonds and $125 million in housing bonds.

The mayor and city council chair of Washington D.C. are feuding in public over a deal to bring an NFL stadium to the city by leveraging over $1 billion in public financing.

As Congress grinds through the budget reconciliation, fixed income market experts are eyeballing an uncontrolled national debt while dreading a heavy-handed response from the Treasury bond market.