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The Equity in Infrastructure Project names Everett Lott as vice chair
May 26
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Now that economic activity has largely resumed, investors and analysts are taking another look at longer-term issues, and the volatile stock market performance since the pandemic is raising concerns.
May 26
Build America Mutual -
The New Mexico treasurer recently sent an alert to local governments warning that some are bypassing state banking rules on public deposits.
May 26
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A top advisor to Brandon Johnson said his administration is still waiting on the advice of incoming CFO Jill Jaworski and budget director Annette Guzman.
May 25
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Refinitiv Lipper reported $847.068 million of outflows from municipal bond mutual funds, $420.675 million of which was high-yield.
May 25
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A tender offer and a debt service shortfall related to bonds issued in the wake of Winter Storm Uri popped up this month as its financial impact lingers.
May 25
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Nathan Flynn will focus on coverage of Midwest and Southeast borrowers and provide an assist on structuring and project financing more broadly, Siebert said.
May 25
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A downgrade would reverberate throughout the municipal bond market.
May 25
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The $2.6 billion infrastructure budget stands out as the state's largest ever; bond packages stalled in the previous two years amid political divisions.
May 24
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The Investment Company Institute reported investors pulled another $137 million out of municipal bond mutual funds in the week ending May 17, after $290 million of outflows the previous week.
May 24
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New York City is keeping a wary eye on Congress as it considers whether to pause a refunding deal set for next week.
May 24
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The Oklahoma Turnpike Authority asked the court to approve $500 million of bonds to jumpstart funding for a $5 billion extension project.
May 24
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Weakening revenues should be a red flag for states, particularly those planning tax cuts, said Lucy Dadayan of the Urban Institute's Tax Policy Center.
May 24
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"While everyone is watching the federal government experience a debt crisis and come close to defaulting on our nation's debt for the first time in history, Miami's credit rating was just recently upgraded," said Mayor Francis Suarez.
May 24
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"It's good news/bad news for fixed-income markets," said Nuveen strategists Anders S. Persson and Daniel J. Close.
May 23
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A consensual plan of adjustment is unlikely to be reached, according to one observer.
May 23
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Inflation joined supply chain struggles, wage pressures, and the labor shortage — most acutely felt with nursing staff — dragging down the sector's margins.
May 23
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Austin planned to use property taxes approved by voters in 2020 to pay off bonds for the project.
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