Investments

The state said it would continue to move forward with the new prisons despite Barclays departure amid controversy over the role of private firm CoreCivic.

S&P Global Ratings lifted its outlook for the North Texas Tollway Authority as it prepares to refund $850 million of debt.

Anticipating a flood of funding from President Biden's infrastructure plan, states are positioning for an expansion of broadband to rural and underserved areas.

Transportation infrastructure, sustainability and affordable housing are in play in three different bond deals.

Non-farm employment went up for three consecutive months.

Sub-1% 10-year municipals and low ratios may test investor appetite for the asset class but it is hard to ignore the strong fundamentals and substantial fund flows in the backdrop.

A VMT fee was also the consensus way to pay for infrastructure during a Senate EPW Committee hearing on Wednesday.

The three-pronged Local Infrastructure Financing Tools Act was introduced Friday by Rep. Terri Sewell, D-Ala.

Four out of the six economic indicators released on Thursday surpassed expectations, with consumers tapping their savings to quench pent-up demand. U.S. Treasuries made gains but municipals stood on their own in an impressive two-day rally with insatiable demand.

Forward delivery sales, a replacement for tax-exempt advance refundings, could grow in 2021.

The top 20 performers nearly doubled the gains of their peers over the period.

The economy grew faster from late February through early April while consumer spending increased, with a possible rise in inflation in the near term, according to the Federal Reserve’s Beige Book released on Wednesday.

They say the bankruptcy judge should delay ruling on the relative priority of Puerto Rico's bonds until she deals with the central government plan of adjustment.

The P3 taxable deal aims to replace the state’s old, dilapidated and outdated jails with more modern alternatives in a bid to ease prison overcrowding and provide new services to inmates.

Investors who make the leap toward greater use of alternative data will find that the quality and accuracy of their credit assessments will benefit from the use of alternative data when used in place of subjective or qualitative guesswork.

The agenda includes discussion of possible changes to MSRB Rule G-10, on investor and municipal advisory client education and protection.

Ohio's Summa Health is selling $310 million of taxable corporate CUSIP debt Wednesday.

He starts next month a the new president and CEO of the Utah Housing Corp.

One-year municipal debt has fallen to record lows with benchmark yield curves at 0.05% and the 10-year muni has fallen below 1% while 30-year muni benchmark yields at or less than 10-year UST.

Recent budgetary and pension reports underscore how llinois must proceed with caution in spending $7.5 billion of federal aid.