Public finance

"DASNY's financing, construction and grants management on behalf of science, health and educational not-for-profits [are] the foundation for stronger, inclusive and more sustainable communities across the state of New York," said Robert J. Rodriguez.

The amendments add three new scenarios that warrant disclosure under MSRB Rule G-47 on time of trade disclosure.

Utah's Seven County Infrastructure Coalition has asked the U.S. Supreme Court to review an appeals court ruling that led to the loss of federal permits for a proposed bond-financed railway that would transport crude oil.

Goddard College became the latest small liberal arts school to close, citing long-term enrollment declines.

The T&I Committee is holding hearings on another landmark infrastructure bill.

With cyberattacks on the rise, issuers have had to keep fortifying their defenses against criminals targeting the public sector. 

Wednesday's CPI report will "shed more light on the path of inflation and the potential timing for rate cuts this year," said Cooper Howard, a fixed income strategist at Charles Schwab.

The deal comes amid market inflows and a dearth of high-yield supply, but demand will depend, as always, on the price, investors said.

In question is FAFAA's findings of fact and conclusions of law, which bondholders say was unauthorized.

Since war broke out on Oct. 7 between Israel and Hamas, over $1.64 billion of Israel bonds have been sold to more than 35 U.S. states, counties, cities and municipalities.

Major headwinds for the muni market include climate change, growing federal debt, shrinkage of the workforce, the impact of remote work, cybersecurity attacks, and political polarization. And they are poised to be costly for states and municipalities.

Kaufman Hall & Associates, Piper Sandler and Montague DeRose & Associates moved into the top 10, while CSG Advisors, Estrada Hinojosa and RBC Capital Markets were bumped.

The state's transportation commission took action to end a comprehensive development agreement for a partially bond-financed toll lane project on State Highway 288.

Muni to UST ratios also continue to rise across the curve, inching closer to more normal averages.

Voters in the Milwaukee Public Schools District passed a referendum Tuesday that would raise property taxes to fund $252 million of additional spending.

The eight-year, $1.35 billion property tax levy would have to be approved by the City Council before going to voters in November.

A newly-proposed D.C. budget renovates a sports arena while endangering reserves.

New York State officials are unlikely to meet today's extended deadline for finalizing a fiscal 2025 budget and will probably push it back again.

As another economic indicator pushed investors closer toward the assumption that rate cuts are farther away, the relationship between munis, USTs and the vast amount of capital sitting on the sidelines becomes more challenging to navigate, particularly ahead of the tax-filing deadline and growing new-issue calendar.

Instead of her original proposal, Miami-Dade County Mayor Levine Cava said she will work toward crafting an even larger bonding plan that will also include money for transit projects.