Public finance

The muni market is closing out the month of June with the curve "more or less static" to where it was at the end of May, Kim Olsan wrote for NewSquare Capital.

The treasury and accounting software company DebtBook has launched two new artificial intelligence features, Insights and Marty.

Muni market professionals discuss the risks and benefits for issuers considering using AI to create disclosure documents. 

The outlook revision to stable from negative follows the city's adoption of a fiscal 2027 budget with structural changes that greatly reduced a shortfall.

Washington Gov. Bob Ferguson said the economic council will build on other efforts he has championed to decrease permit housing times and encourage construction.

Thursday was quiet in the muni market as many deals — which did pretty well upon pricing or selling — came to market earlier in the week, said Ron Banaszek, co-head of public finance and lead underwriter at Blaylock Van.

The groups are taking additional steps to try to stop or pause development of a major industrial park between New Orleans and Baton Rouge.

Academics, policy makers and lawmakers are exploring ways to deal with the rising costs of operating bus lines and identify funding options.

The agreement launches a six-month process in which the consortium will evaluate opportunities to design, build, operate, finance and maintain one or more segments of the program.

Kevin Warsh set the table for change. Marvin Loh, managing director at State Street, discusses the FOMC meeting and Warsh's press conference.

The city plans to sell $110 million of bonds this summer to cover operating expenses for the rest of the year.

Falling oil prices sparked a rally for Treasuries. Munis took some strength from USTs, according to Jeremy Holtz of Income Research + Management.

There are a lot of "great technology solutions" out there, said Dan Silva, CEO and cofounder of Adaje.

Sven Hodges will focus on energy and advanced manufacturing projects.

The President is pumping the brakes on signing the first major housing bill in 30 years including a provision that lifts the public welfare cap, a move that could spur bond sales.

Amendment 5 would eliminate the state income tax, but critics are worried about the lost revenue.

The veteran banker joins Cabrera at a time when the bank has been rising in the lead manager rankings.

California lawmakers and the governor said they agreed on an $11.3 billion housing bond measure in November, aiming to lift affordable housing and homeownership.

The AI data center boom will test communities' power, water and infrastructure capacity, requiring public finance professionals to determine who bears the costs and how private investment can produce lasting public benefit.

There wasn't any one factor driving the muni market's weaker performance, FHN's Ajay Thomas said. But investors had a lot of deals from which to choose.