Public finance

The Thanksgiving holiday-shortened week, next-to-no supply and few economic data releases should keep munis steady.

A request by the Department of Justice could delay the confirmation of the Puerto Rico bankruptcy until March or beyond and that in turn could lead to the current deal's collapse.

Month over month, the municipal market is in a much better position, as heavy demand and flows continue to drive it.

The state will take a fresh dose of good rating news into the market when it competitively sells $400 million to fund pension buyouts and capital expenditures.

The U.S. DOT wants to make applying for grants in the $1.1 trillion infrastructure bill as easy as possible. More than 40 new programs will be created under the new law.

The board says the judge's ruling on the issue will determine whether it withdraws the Plan of Adjustment.

The Investment Company Institute reported $1.608 billion of inflows into municipal bond mutual funds for the week ending Nov. 10, up from $657 million a week prior.

The tender/exchange offer is built into a more than $1 billion refinancing the city plans to price in early December.

The state is selling $1.2 billion of GOs, and a recent deal from Vicksburg highlights a structure that makes a difference to the state's local governments.

While opportunities exist, investors should still monitor economic and market developments as they search for value in the final weeks of the year, experts said.

A large new-issue calendar began pricing in the negotiated and competitive markets, with a few deals bumped off the day-to-day calendar.

Treasury may have some leeway when interpreting the new tax and buysiders say it's unlikely to hurt demand even if it becomes law.

The Oversight Board argued legal issues with bondholders, pensioners, credit unions, and others at Monday's Plan of Adjustment confirmation hearing.

The rating agency said the upgrade reflected financial resiliency during the COVID-19 pandemic and a strong rebound in air travel demand exceeding expectations.

President Joe Biden Monday signed into law a $1.1 trillion infrastructure bill.

Outside influence "beyond the control of the muni bond market" is needed to derail the recent positive momentum.

The Metropolitan Water Reclamation District of Greater Chicago green bonds will fund its its deep tunnel project and waste and storm water management projects.

Local governments are still processing funds from the CARES and ARPA bills.

Turnout was less than 14% during Saturday's voting where only one constitutional amendment out of four was approved.