Investments

The state bond commission approved Wells Fargo, Bank of America and JPMorgan as part of an underwriting pool Louisiana can hire on debt deals.

The Greater Arizona Development Authority, which has been inactive for nearly a decade, will once again offer lower cost financing for rural communities and tribal governments.

Thursday's pricing of senior revenue bonds comes after Fitch Ratings upgraded the airport's subordinate debt.

State Treasurer Dale Folwell wants to know if Cabarrus County will have voters vote on bonds in the future through general obligation referendums.

Recent events have been a "roundtrip" for rates, starting with the sentiment shifting from slowing inflation to a softening labor market, said James Pruskowski, chief investment officer at 16Rock Asset Management.

Treasury's warning "would be absurd if it wasn't so serious," opined the NSSF, the firearm industry trade association.

When Wisconsin priced $253.755 million of GO refunding bonds on July 23, it was the state's second forward delivery deal in recent months.

The Omaha City Council approved placing a $333.4 million GO bond deal on the Nov. 5 ballot.

Grant programs give the administration a degree of control over which projects get funded, similar to earmarks.

Gary Quinzel, vice president of portfolio consulting at Wealth Enhancement Group, gives his views about monetary policy and offers his opinion on the FOMC statement and Fed Chair Jerome Powell's press conference.

This week's new-issue calendar will be "outsized," said Anders S. Persson, Nuveen's chief investment officer for global fixed-income, and Daniel J. Close, Nuveen's head of municipals.

The Build America Bureau is poised to release awards for its asset concession program and preliminary guidelines for value-for-money analysis, two key P3 programs authorized under the IIJA.

The July 31 arrest of Eduardo Ramos, who submitted his resignation July 23, was not related to his job, according to the school system.

The bankruptcy saga of Mercy Hospital continues, with trustee Computershare Trust filing a notice about the distribution of cash to bondholders.

The states and others are pushing back against studies showing adverse financial effects from laws that punish banks for their fossil fuel and firearm policies.

The bond parties and the Oversight Board are now arguing over the meaning of the word "account."

Litigants in a case challenging San Jose's validation of proposed pension bonds will have to wait another month to hear if the high court will review an appeals court ruling.

Higher education is facing serious headwinds, and many leaders within the sector see P3s as an avenue for innovation and efficient operation.

"Decelerating or slowing economic growth has sparked a classic flight-to-quality trade with short-term Treasuries being the prime beneficiary," said Gary Pzegeo, head of fixed-income at CIBC Private Wealth U.S.

Data shows the average bids per competitive sale is up noticeably over the past few quarters, Justin Marlowe said, rising to 8.5 bids in Q1 2024 from 6.1 bids in Q1 2022.