Investments

"It became clear our residence halls were a constraint and not an asset for our university," WKU president Timothy Caboni said.

Muni yields increased "in sympathy with the Treasury market," according to Charles Schwab's Cooper Howard.

Fitch, Moody's, and S&P were sent a letter from 23 GOP state attorneys general over the use of ESG factors related to fossil fuel in negative rating actions.

Fitch Ratings cited Sacramento City Unified School District's fiscal challenges in downgrading its issuer default rating to junk and assigning a negative outlook.

Market Intelligence analyst Jeff Lipton argues MRBs can add value to conservative muni sleeves, but warns that extraordinary redemption features, prepayment behavior, loan origination performance and liquidity constraints can make redemption analysis just as important as credit analysis.

The state supreme court is hearing the case that affects $5 billion in authorized bonds, $150 million that have been issued.

The top two municipal bond insurers wrapped over $7.704 billion in the first quarter of 2026, up 4.9% year-over-year from the $7.342 billion in Q1 2025, according to LSEG data.

The administration's effort to revitalize the maritime industry includes opportunities for public-private partnerships.

Butler Snow and Stradling Yocca Carlson & Rauth were new entrants to the top 10 year-over-year, knocking Chapman and Cutler and Nixon Peabody to the top 15.

Debt requests are escalating as the Lone Star State accommodates a growing population and addresses aging infrastructure.

All sectors of the muni market posted gains in April, Kim Olsan wrote, exemplifying the market's better-than-expected resilience.

Last year, 23 active ETFs launched along with nine passive ones. While the first quarter of the year bucks that trend as one active ETF launched compared to three passive ones, things could change the rest of the year, analysts say.

Fitch Ratings on Monday echoed a prior move by Moody's Ratings to revise the state's outlook to negative.

Muni advocates are watching Congress move towards a second reconciliation bill that may not require any provisions that pay for funding DHS, and the possibility of a third, tax-focused bill.

Veteran public finance banker Shawn Dralle has joined Los Angeles County as assistant-treasurer tax collector.

With no rate change expected, analysts look at Fed chair nominee Kevin Warsh and how investors should position.

Three universities in the Northeast found a market for their bonds despite larger headwinds for the higher education sector in the region.

While the state is most concerned about stopping the fires, credit rating agencies are monitoring the situation.

"What the market's really trying to figure out is what that Warsh regime is going to mean," said Tom Kozlik of HilltopSecurities. "Folks are really trying to position their mindsets, position their portfolios."

The Wall Street banks targeted in the rate-rigging lawsuit wanted the top court to overturn class certification.