Public finance

Florida is poised to reap the rewards of spaceport financing legislation, even if some headwinds remain.

This year's portfolio growth will save the city $2.18 billion over the next five years, Comptroller Brad Lander said.

The municipal bond market is "doing pretty good for the moment," said Jeff Timlin, a managing partner at Sage Advisory.

The risk Brightline Florida poses to the rest of the high-yield market may manifest in fund flows, investors said.

The Minneapolis Fed chief added that tariffs still represent a significant uncertainty and it's unclear what impact they'll have on inflation.

Mayors and city leaders are using a combination of bond financing and public private partnerships to build and preserve affordable housing while working with a patchwork of regulations and facing opposition.

Officials are considering selling more voter-approved bonds for the stalled project, which could be jumpstarted with a phased-in construction approach.

St. Paul, Minnesota, is recovering from a cyber attack that overwhelmed the city's defenses ahead of its Aug. 19 bond deal close.

Analysts unsure about the impact of the firings on bondholders.

Over the past three trading sessions, MMD yields have been bumped nine to 12 basis points, while UST yields have fallen over 20 basis points on the front of the curve.