Municipal advisors

In this Market Intelligence analysis, Jeff Lipton warns that granting states access to Chapter 9 would be deeply disruptive, likely forcing muni yields higher and liquidity lower, while underscoring why states' legal protections and reserves still support strong willingness to pay.

Market Intelligence analyst Jeff Lipton assigns a stable yet guarded view to airport bonds, highlighting how gateways and large hubs can outperform as fuel costs, travel demand and geopolitical risk evolve — while investors sharpen focus on leverage, rate recovery and cyber defenses.

Founded in 2006, the women-owned firm ranks among the nation's top municipal advisors.

Lucas Janda and Eduardo Cabrera have joined Nickel Hayden Advisors, bringing its staff of registered municipal advisors to seven, the Austin, Texas-based firm announced.

Market Intelligence analyst Jeff Lipton assesses the early impacts of Operation Epic Fury on rates, spreads, shifting inflation expectations, and flows, arguing that elevated tax-exempt income, disciplined sector allocation and a quality bias can help muni investors navigate headline-driven volatility.

Jeff Lipton compares The Bond Buyer's 2026 Predictions Report to his outlook series.

While near-term uncertainty is inevitable, the court's decision should be accretive to growth expectations and somewhat disinflationary.

In this third of a three-part 2026 municipal bond outlook series, Market Intelligence analyst Jeff Lipton explains how another year of heavy supply, surging ETF and SMA assets, climate and cyber risk, and growing use of bond insurance will drive muni market structure and strategy for both sell-side and buy-side stakeholders.

Market Intelligence analyst Jeff Lipton, in the second installment of his three-part 2026 outlook series, maps out quality-centric portfolio shifts, barbell and long-end strategies, and sector tilts across hospitals, higher education and housing as record supply and net inflows drive the muni market.

In the first of his three-part 2026 municipal outlook series, Market Intelligence analyst Jeff Lipton forecasts for sub-5% returns, continued demand, possibly more curve steepening as the Fed eases slowly, the economy skirts recession, and AI, tariffs and midterm politics potentially reshaping risks across public finance sectors.

Analyst and market strategist Jeff Lipton joins the team to deliver clarity and thoughtful guidance to a market witnessing evolving complexities — connecting policy moves, credit shifts and investment behavior to help our readers navigate what comes next.

"BDA supports the proposal and we encourage the commission to approve it," its letter said.

Executing a successful bond issuance becomes simpler by combining long range planning, shorter-term timing and marshaling political support.

"It is a big problem across the board with all types of deal participants perhaps venturing into unregistered MA activity," said Susan Gaffney.

Ketner is Baird's second hire in the higher education and nonprofit sectors in the last 30 days.

The top suite of firms oversaw deals amounting to more than $139 billion par value across 58% of the market.

"If you are seeking the services of a municipal advisor, it would be helpful to use the term municipal advisor in your RFP/Qs," said Sanchez, director of the SEC's Office of Municipal Securities.

New guidelines require local governments to receive the state's comptroller's approval before issuing debt with variable interest rates, put options, or interest rate reset options.

The muni market's self-regulatory organization has undergone major changes in its five decades, and challenges are ahead.

The SEC charged two entities with violating federal securities laws by advising clients on municipal bonds without properly registering as municipal advisors.