Investments

Voters in Virginia also decided the fate of several large bond referendums while Atlanta voters will see a mayoral runoff at the end of the month.

Most bond issues appear to be approved, but many were rejected.

The FOMC will likely take the opportunity to profess its reliance on data to decide liftoff and reiterate the threshold for a rate hike remains higher than for taper.

"Compromises had to be made," Neal said about muni market proposals being dropped from the Build Back Better agenda.

The Illinois State Toll Highway Authority plans $600 million of borrowing next month and $500 million next year as its 15-year-old capital program remains in full speed ahead mode.

SEC Chairman Gary Gensler focused much of his comments during SIFMA’s Annual Meeting on why he considers himself to be just getting the ball rolling on climate disclosures.

Chuck Stavitski and Elaine Brennan of Roosevelt & Cross and Ken Bieger of the Niagara Falls Bridge Commission talk about how the Canadian border closing due to COVID-19 affected upstate New York issuers. Chip Barnett hosts. (16 minutes)

The board wants the bankruptcy judge to say recently passed law, which prohibits cuts to pensions, does not bar the board's plan for two major pension changes.

Though monetary policy has been in the forefront, at mid-month the tone changed with global inflation outlooks and federal infrastructure and social package in flux.

A new program would pump $5 billion of loans into the state's ports.

The Treasury Department, for the first time in more than five years, will likely unveil a scaling down of its behemoth quarterly sale of longer-term securities.

Texas voters are considering an array of local bond measures to fund projects for schools, cities and counties.

The popularity of cryptocurrency may drive investment by public pension funds.

A lighter, $5 billion calendar, heavy on healthcare, kicks off November. Most participants agree volatility in U.S. Treasuries will be a leading factor for municipal market performance. Uncertainty in Washington also isn't helping the asset class.

The various increased federal support proposals included in the Build Back Better package could help the island's economy, which has generally been contracting for the last 15 years.

The Municipal Securities Rulemaking Board plans to request comment on its supervision rule within the next month.

Key institutional players like banks and insurance companies may have less incentive to buy tax-exempt munis if the provision becomes law.

The independent financial services firm will be bulking up its public finance business by hiring additional staff as it looks to Florida's West Coast while supporting its existing offices in Miami and Boca Raton.

October has, on average, been the heaviest new-issue month of the year. Analysts said the lower volume, particularly taxables, was led by many issuers sitting on the sidelines, waiting for a potential package from Washington, D.C.

Gov. Kathy Hochul's thrusts include the MTA Open Data Act; state Comptroller Thomas DiNapoli launched a federal COVID-19 funding tracker.