Public finance

"I was interested in the macro side of the market, but also wanted to be in a product that was more credit-specific. That attracted me to munis," said Litten.

"Having a hand in keeping the transit system and the citizens of New York moving is what I am most proud of," said Litton.

Ma said her longevity at RBC "is a testament to the people I get to work with."

"There's no other business where you can see the direct results of your efforts," Maher said.

"I was in India doing U.S. public finance ratings and I found it super interesting," recalls Patel. "At S&P, they had different divisions and they put in a muni finance position. I fell in love."

"Today, we have a lot of innovative deals in the pipeline. Green initiatives and ESG-focused projects are on our plate now. It's exciting to think about where things will go to bring about a more sustainable future for everyone," Pearson-Farrer said.

"From all my work in the sector, I realized just how archaic technology in public finance was. We were using old tools," said Silva.

"What's great about the industry is there is always more to learn," Sobel said.

"My father would talk about all the projects he was working on and the impact they were having. I was always very interested," said Traudt.

Fed rate cuts "should lead to positive price action for both taxable and tax-exempt bonds, and current nominal yields remain well above where they were when the Fed was more dovish, implying generous room to rally from here," said Matt Fabian, a partner at Municipal Market Analytics, Inc.

The Franklin County Convention Facilities Authority will issue $138.2 million of lease revenue anticipation refunding bonds to refund or redeem outstanding Build America Bonds.

A coastal Oregon tribe sued the federal government to slow the issuance of two offshore wind leases.

The districts, which finance public infrastructure for housing developments, are dealing with limited revenue growth and state actions to cut property taxes.

Eric Goldwyn of the Marron Institute's Transit Costs Project joins The Bond Buyer's Caitlin Devitt to talk about his latest report that offers five recommendations to speed up the delivery of high-speed trains in the U.S.

North Carolina is the latest state to eye using a P3 to build tolled express lanes amid insufficient state funding.

"Given increasing student demand for charter schools, we anticipate continued strong supply issued into the municipal market," according to Nuveen.

The triple-tax-exempt bonds should be in demand, especially the non-AMT series, analysts said.

Despite the underperformance to USTs, munis saw positive momentum during the first two weeks of September with the asset class returning 0.68% so far this month and 1.99% year-to-date.

Given the Fed's reluctance to "surprise markets or take actions that could be perceived as overtly political," Interactive Brokers Chief Strategist Steve Sosnick said, "we find it hard to believe that anything other than 25 bp is the likely outcome for the upcoming FOMC meeting."

A negative outlook for the city's AA rating by Fitch Ratings follows similar action taken by S&P Global Ratings in July.