Investments

Despite the mounting uncertainty facing muni and UST markets, muni yields are "generationally attractive," according to Tom Kozlik of HilltopSecurities.

Rating agencies say they don't expect federal plans for the drought-plagued river to spark near-term credit concerns, but they may develop over the longer term.

Overall, most issuance comes from new money, driven by the inability to delay much-needed infrastructure upgrades. And with these higher rates, refundings don't make as much sense mathematically.

Investors interested in the additional yield offered in prepay energy deals should be aware of their corporate exposure as well as the sector's broader risk to the muni market, participants said.

Statewide ballot measures, including one before voters in this week's primary, would decrease or even eliminate certain property tax revenue for public schools.

USTs have been boosted by the U.S. government's announcement of sanctions against Iran. Munis seem to be taking the news well, NewSquare Capital's Kim Olsan said, but the asset class has its own news to focus on.

SFPUC's head would like rating agencies to consider what issuers are doing well regarding climate risk as well as where they fall short.

Funded ratios remain useful, but they can mask risky assumptions, illiquid investments and correlated exposures that may force higher government pension contributions during the next downturn, writes Market Intelligence analyst Jeff Lipton.

The island's budget director said the government should turn to money connected with a Jeffrey Epstein settlement to have enough money to finish the remaining six weeks of the fiscal year.

A state-by-state review of 2026 midyear issuance in the Far West.

A state-by-state review of 2026 midyear issuance in the Southeast.

A state-by-state review of 2026 midyear issuance in the Midwest.

A state-by-state review of 2026 midyear issuance in the Southwest.

A state-by-state review of 2026 midyear issuance in the Northeast.

Municipal issuance is headed toward another historic year as infrastructure needs and higher project costs turn elevated borrowing from a spike into a structural shift.

Massachusetts voters may cap its revenue in November. The commonwealth's strong financial position is likely to insulate bondholders from any resulting turmoil.

The city remains triple-A across the board despite's S&P's negative outlook as it prepares to sell $269 million of general obligation bonds.

August may have one of the highest tax-exempt volume totals on record, according to J.P. Morgan analysts — don't expect it to let up.

The announcement — which affects the 10- to 30-year part of the curve — sent longer-term UST yields falling up to 10 basis points on Wednesday.

Brightline West bondholders agreed to give Brightline more time to secure a $400 million equity contribution that was originally due on March 31.