Public finance

This strength comes after another "challenging week" for the muni market, which continued to deal with ongoing macroeconomic uncertainty and somewhat heavy supply, said Daryl Clements, a muni portfolio manager at AllianceBernstein.

S&P cited the system's structural challenges, physical risk exposure and uncertainty about the system's overall financial and operational trajectory.

Children's hospital achieves moderate to low-risk yield on junk-rated bonds boosted by insurer.

Triple-A Harvard's latest deal provides, through its offering documents, a snapshot of the state of the Trump administration's campaign against the school.

Three negative outlooks and choppy market conditions weren't ideal conditions for a massive $2.6 billion bond issuance, which was trimmed to $2.3 billion.

St. Louis Community Ice Center drew on a debt service reserve to make payments on its unrated Series 2018A revenue bonds and defaulted on its 2018B bonds.

Ending a challenging week with ongoing geopolitical tensions and rising oil prices, muni yields were cut one to four basis points, depending on the scale.

Guessing what may happen as Congress pounds away on a surface transportation reauthorization bill has not rattled credit ratings so far, but a key deadline could slip.

Martina Hinojosa and Kevin O'Donnell Stanek have joined FBT Gibbons' public finance practice as partners.

The new state income tax is expected to make Washington munis, which are exempt, more attractive for high-earning residents.

Investors pulled $600 million from municipal bond mutual funds in the week ended Wednesday, according to LSEG.

The East San Francisco Bay area water and wastewater utility will price into a market that has seen increased revenue bond issuance.

Despite headwinds in the higher education sector, Louisiana State has enjoyed rising undergraduate enrollment.

"Rates, not fundamentals, continue to drive benchmark yields higher, leaving munis on track for their fourth-worst monthly performance in 15 years," said James Pruskowski, managing director at Hennion & Walsh.

A lawsuit filed this week seeking to end Austin's transportation user fee comes as the Texas city is launching its fiscal 2027 budget process.

The U.S. Department of Transportation will release $1.05 billion that was set aside by the Biden administration for the long-awaited Blatnik Bridge project.

Virginia and Georgia topped the list of high performers and Alaska and California received the lowest marks in the Reason Foundation's analysis.

"You would think global instability leads to flight for quality, but you also have the inflationary pressures that come with higher oil prices. I would say the inflationary pressures have been winning, and that's why you're seeing Treasury and muni rates move higher," said Keith Richard, head of public finance at Siebert Williams Shank.

The weakness in fixed-income markets comes after stocks and bonds saw strength Monday following President Donald Trump's announcement of a five-day pause on strikes on Iranian power plants amid talks between the two countries.

José Torres, senior economist at Interactive Brokers, breaks down the FOMC decision and Fed Chair Jerome Powell's press conference.