Investments

The Equitable School Revolving Fund, which has more deals in the works, has maintained its strong credit profile even as the sector has experienced headwinds.

New York Mayor-elect Zohran Mamdani named Sherif Soliman, a veteran of three mayoral administrations, as New York City's budget director.

Muni yields were bumped a basis point, while UST yields fell two to four basis points.

The city's rejection of the petition, which aims to stall or submit the largely bond-financed convention center project to voters, is being challenged in court.

The House Finance Committee is making good on a promise to address housing affordability by advancing a bill that increases the public welfare investment cap to 20% from 15%.

Illinois Gov. JB Pritzker signed a raft of major bills into law over the past week, culminating with the Northern Illinois Transit Authority Act.

Two student housing developments in Orlando and Tampa, Florida, financed by speculative-grade bonds in 2024, have shown signs of strain.

Three casinos are betting billions of dollars on the New York City market. The state is hoping to cash in, too.

"Once this week is done, that's it for the year. The following week is Christmas, and then after that, the new year," said Jeff Timlin, a partner at Sage Advisory.

Palomar Health's bond rating remains stuck at junk, but UCSD partnership offers a glimmer of hope.

A looming government shutdown marks an uncertain future for the country as economists and muni leaders point to the positive effects of stubborn inflation on state tax revenues.

Indiana Public Finance Director Dan Huge will retire effective Jan. 2, capping off a long career of public service for the state.

The company has the option to defer interest payments three times without triggering a formal default.

The Ohio State University went to market Tuesday with a $560 million deal to refund taxable Build America Bonds into tax-exempt debt.

Inflation reports may drive markets in 2026 since the labor market is "sending mixed messages," said Kevin O'Neil, associate portfolio manager and senior research analyst at Brandywine Global.

Kathryn Garcia was tapped to lead the Port Authority of New York and New Jersey as it embarks on an ambitious capital plan. 

Dallas and police and fire pension officials approved a funding agreement that ends litigation filed by the retirement system last year.

Software as a service platform Adaje has acquired bond structuring software provider Munex and hired 25-year muni veteran Jon Sidman as its chief product officer.

Democratic Sens. Chris Van Hollen from Maryland and John Fetterman from Pennsylvania are reintroducing a bill to aid the public transit sector, a funding reduction target under Trump's administration.

With large language models parsing EMMA filings and investor relations sites, municipal issuers must modernize their disclosure so both humans and algorithms can accurately understand their credit story and avoid unintended red flags.