Public finance

Wells Fargo Securities will price for the Chicago Transit Authority $575 million of first and second lien sales tax receipts bonds on Thursday, Feb. 5.

Mayors across the country are taking closer looks at data center deals as a way to pay for the infrastructure they require.

The District of Columbia deals will bring a mix of new money and refunding bonds with a variable-rate component.

Analysts were pleased that a known quantity with bona fides was the pick, but Warsh may bring about changes in the Fed that have some concerned.

Warsh, who served on the U.S. central bank's Board of Governors from 2006 to 2011 and has previously advised Trump on economic policy, would succeed Jerome Powell when his term at the helm ends in May.

Over the past five years, January has seen a relatively stable market tone, said Jeff Timlin, managing partner and head of municipal bond investing at Sage Advisory.

Campbellsville University "shares many of the characteristics of schools that are struggling" in higher education, said Lisa Washburn of Municipal Market Analytics.

Market Intelligence analyst Jeff Lipton uses the Federal Reserve's latest Flow of Funds data to show how households still dominate municipal bond ownership even as ETFs surge and banks and insurance companies trim exposure, reshaping muni demand heading into 2026.

The governor, in the final year of his term, asked lawmakers to approve reforms that would fix the Virgin Islands Water and Power Authority's balance sheet.

After voters rejected a 2019 bond proposal, Michigan's Dearborn Public Schools is mulling a possible $500 million, $1 billion or $1.5 billion bond this year.

"Markets are reading this as a strategic pause, not a policy shift," said Gina Bolvin, president of Bolvin Wealth Management Group.

The rail tunnel connecting New York and New Jersey is well underway, but the project can't continue without federal funds the adminstration has choked off.

Addison is the sixth of Dallas Area Rapid Transit's 13 member cities where voters will decide in May whether to drop out of the agency.

Democrats said they've paused negotiations until the administration relaxes its anti-clean energy stance.

The Texas city, which is a regional water supplier, is turning to several sources to boost dwindling water supplies amid an ongoing drought.

The muni market has rebounded from the technical pressures of the first half of last year — a result of surging issuance — said John Miller, head and CIO of First Eagle's municipal credit team.

The city's Department of Water and Power, which saw spreads widen after last year's deadly wildfires, upsized a revenue bond deal amid strong investor interest.

Metro is considering a public-private partnership to deliver what is its largest project to date.

Chicago general obligation bond prices have dropped sharply since the start of the year, according to the Center for Municipal Finance's muni indices.

The top two municipal bond insurers wrapped over $41.828 billion in 2025, up from $41.166 billion in 2024, data shows.