Investments

January issuance declined by 14.7% year-over-year amid a rising-rate and volatile environment.

Public-private partnerships can play a big role in U.S. transportation over the next decade, DOT Secretary Pete Buttigieg told governors.

The teachers' groups will request a stay of plan implementation.

Short-end muni yields have risen more than 30 basis points on some triple-A scales over the past five trading sessions.

"We're going to fix them all," President Biden said of the 45,000 bridges across the U.S. he said need repairs.

Local legislators may be opposed to the current PREPA bond deal.

The platform allows advisors to tailor portfolios that have characteristics including state-specific credits, ESG considerations, duration targets and other criteria.

As the MTA works toward a post-pandemic future, Kevin Willens, formerly co-head of public finance at Goldman Sachs, becomes its chief financial officer.

More federal Medicaid funding and higher-than-expected economic growth will lead to more revenues, the board expects.

Returns are deep in the red with the Bloomberg Municipal Index at negative 1.85%, while high-yield sits at negative 1.81%.

States want "maximum flexibility" when it comes to implementing the $7.5 billion program in the Infrastructure Investment and Jobs Act.

S&P raised the Metropolitan Nashville Airport Authority, Tennessee's senior-lien airport revenue bonds issued for the Nashville International Airport to A-plus.

The statement offered no surprises, but Fed Chair jerome Powell's refusal to denounce more hawkish scenarios hurt market sentiment.

In his new role, Kurt Summers will look for opportunities to partner with local governments to advance their infrastructure priorities.

Cancellations due to fears of omicron are putting a damper on cruise bookings, says Fitch's Emma Griffith, who adds there is still a lot of pent-up demand.

Better communication will be key in future P3s, a top Maryland transportation official said.

Only one firm remained in the same spot they were at in 2020, while the rest of the rankings saw big shifts from a year prior.

The transition away from Libor presents challenges for small issuers with fewer resources to evaluate legacy contracts.

Triple-A benchmarks were cut two to six basis points across the curve with the largest moves concentrated again on bonds inside 10 years, underperforming Treasuries once again.

Virgin Islands Sen. Kurt Vialet said he expects the legislature to approve the refunding bill by Monday. The current bill does not include an interest rate cap that killed a refunding deal attempted in September 2020.