Public finance

The U.S. Treasury selloff caught up to tax-exempts with two to three basis point cuts to scales, but munis still outperform.

The proposed guidance, which restricts new highway capacity projects, may be applied to legacy programs like TIFIA as well.

Municipals triple-A benchmarks continue the trend of ignoring other markets to start 2022. The new year will likely usher in slower growth and continued inflationary pressures, analysts said.

One observer questions if enough money is available.

A whopping 27% increase in revenues in the second half of fiscal year 2021 sets the state up to replenish its reserves and restore positions cut during the pandemic.

Emerging from the worst crisis since the 9/11 attacks, U.S. airports are continuing their record pace of construction.

Municipal volume is estimated at $1.13 billion for the opening week of 2022. Persistently strong net supply challenges will bias credit spreads tighter, credit discipline weaker in the next few years, analysts say.

2022 volume projections are clouded by many uncertainties. What is not murky is that demand for municipals is unlikely to fade.

The Act 154 excise tax brought in 21% of revenue to the General Fund July to October.

If Nevada surpasses $500 million in gaming revenues in December, it will become the greatest single-year total.

A HilltopSecurities survey found skilled nursing and senior living as the sectors they were most concerned about for 2022.

Despite its snowy reputation, the region sees itself as a climate refuge due to cooler temperatures, reliable infrastructure and Lake Erie freshwater.

This would be fourth attempt to refund the islands' debts. Moody's Investors Service projects the island's pension fund will run out of cash by the start of fiscal 2024.

Inflation, labor shortages and implementation uncertainties loom as the Infrastructure Investment and Jobs Act moves into center stage next year.

A $10.85 million private placement of special assessment revenue bonds for the Ojus Sanitary Sewer Special Benefit Area will foster economic development.

Investors will also receive $139 billion of interest payments in 2022, about $593 million more than in 2021, according to a report from CreditSights.

Pension laws had been perhaps the key issue that could have scuttled the island's debt restructuring deal.

Towns in many states manage a big chunk of local roads but see little support from federal surface transportation formula grants.

Jennifer Poree, S&P Global Ratings national sector lead for water and power, and Mark Joffe, a senior analyst with the Reason Foundation, speak with regional editor Keeley Webster about California’s struggles to tackle its water infrastructure backlog. (25 minutes)