Investments

Fernando Osorio Caño was named interim executive director after Mary Carmen Zapata resigned.

A stronger-than-expected nonfarm payroll report reignited fears that the Federal Reserve will hike rates. Munis and USTs had a somewhat muted reaction, according to Hennion & Walsh's James Pruskowski.

"The reason the number [of trade counts] is a record and not just elevated is structural, and it's been building for years," said Josh Rosenblum, head of municipal trading strategies at Brownstone.

Oregon State Rep. Paul Evans proposed a grant program that would fill budgetary gaps for small cities at risk of closing what he deems as essential city services.

Norman Regional Health System says it will use interim financing to make a Sept. 1 debt service payment that bondholders agreed to delay.

The high-yield muni fund's collapse in 2025 showed the dangers of investing in a market where liquidity is famously limited.

The incoming Bond Buyer Hall of Famer helped drive stronger disclosure, pioneer electronic credit research and broaden the information analysts use to assess risk.

The failure of California's recent wildfire liability legislation leaves investor-owned utilities like PG&E and SoCal Edison exposed to continued financial risk and potential ratings downgrades.

KBRA approves of New Jersey's pension progress and budget management.

Chicago's projected FY2027 was down $283.9 million from the $1.2 billion estimate in last year's budget forecast.

The market is striking a better tone as investors are less worried about rate hikes, NewSquare Capital portfolio manager Kim Olsan said.

More than $2 billion of affordable housing and healthcare bonds were approved by the North Carolina Local Government Commission.

The incoming Bond Buyer Hall of Famer repeatedly brought financial discipline and long-term thinking to public entities before helping them tackle some of Indiana's most complex infrastructure financings.

Heavy August issuance created fewer oversubscriptions and more demand for concessions, a signal that issuers, advisors and underwriters need to pay closer attention to structure, timing and clearing levels, according to Market Intelligence analyst Jeff Lipton.

Water issues are getting attention on Capitol Hill as questions about reauthorizing state revolving funds and the impact of data centers on ground water supplies are mixing with politics.

California issuers may receive payments from the settlement.

Up to 18,000 private schools could lose access to the municipal bond market under the proposed rules, driving up their borrowing costs.

The Alabama Toll Road, Bridge and Tunnel Authority is bringing $3.7 billion of bonds and notes to finance a bridge and fund I-10 improvements in Mobile.

Supply hasn't let up since Tuesday's selloff. Muni yields will likely continue to rise as the new issue market offers investors a "buffet" of options, according to H.J. Sims analyst Tim Iltz.

For the second time in a year, the Texas city's elected officials voted against moving forward with the Inner Harbor project to boost long-term water supply.