Investments

The value of the Florida cancer treatment center and the mortgaged property is unlikely to cover the bond debt, the trustee said.

A new law in Virginia goes into effect as attorneys provide counsel about economic development authorities serving as conduit bond issuers for affordable housing communities.

Jefferson County School District R-1's lawsuit comes after the U.S. Department of Education threatened to withhold federal funding over transgender policies.

Moneta believes IMTC's technology will help onsolidate its "fixed income portfolio construction, optimization, compliance and reporting into a purpose‑built bond platform."

The budget timeline emerged as a flashpoint when the Chicago Board of Education held hearings last week in the run-up to a consequential vote Thursday.

The muni market is going through a period of "consolidation, not to be confused with deterioration," according to Hennion & Walsh's James Pruskowski.

Beneficial rainfall allowed the Texas city to move its timeline for a projected water supply emergency to September 2028 from the same month in 2027.

Fitch cited very strong revenue defensibility and the expectation the utility's finacial profile and performance will improve.

The AI can work overnight. It can absorb administrative volume. But it cannot sit at the council table.

"New Fed chairs often face unexpected monetary system challenges and bond investors want to be reassured that the Fed will be serious about addressing those challenges," D.A. Davidson's James Ragan said.

School districts face competition from a state-funded voucher program and financial challenges that in some cases have led to negative rating actions.

The strong day for munis and USTs is likely due to the United States pausing its military strikes on Iran, said Ajay Thomas, head of public finance at FHN Financial.

"It behooves everybody to get something consensual," said a Florida bankruptcy attorney.

Washington using a pension fund surplus to close a budget shortfall sets a bad precedent, said a Morningstar DBRS analyst.

Leverage issues led to Fitch lowering the outlook on the AA-minus-rated bonds.

Roycemore School defaulted this month on unrated revenue bonds issued through conduit Evanston, Illinois. The private school will close its doors in 2026-27.

City governments' circumspect approaches to AI could likely be attributed to varying public perception. 

Pennsylvania fuel consumption has been gradually declining, Fitch analysts wrote, straining the security for the turnpike's oil franchise tax revenue bonds.

Issuance is an estimated $7.558 billion for the week of July 27, with $6.709 billion of negotiated deals on tap and $849.4 million of competitives, according to LSEG.

Volume-cap allocations can reveal which projects will gain access to tax-exempt financing and which may be crowded out, making private-activity bond rules a practical signal for issuers, advisors and investors, according to Market Intelligence analyst Jeff Lipton.