Public finance

Existing partisan divides and political pressures may influence how the infrastructure act's grants are allocated, one Congressman said.

It marked the 40th straight week of positive flows into the long-term funds and brought the total inflows for this year near $82 billion. Exchanged-traded funds saw $168M of inflows.

A fight is brewing over whether the Oversight Board can preempt some of the territory's pension statutes.

One-shot federal aid and pending labor contracts require budgetary diligence, Scott Stringer says.

Triple-A yield curves were unchanged on the day and mostly have not budged but a basis point in spots since the end of November.

A group of leading automakers want the feds to require states to invest in the fastest EV chargers available.

This podcast is part of The Bond Buyer’s multi-platform series on the future of infrastructure: Build What Better?

The agreement will move along the Penn Station Access commuter rail undertaking and East River tunnel fix-ups.

Coming off last week's $19.5 million influx of weekly new issues, supply this week is lower as the market watches the Federal Open Market Committee meeting.

The issue is the power of the Oversight Board over several locally passed pension laws the board says might make the Plan of Adjustment unfeasible.

Following the departure of Devin Nunes as the top Republican slated to succeed the retiring Kevin Brady on the Ways and Means Committee, several Republicans have begun campaigning for the top spot, which could hold considerable influence over the municipal bond industry if Republicans take the House in 2022.

Alex Doñé will leave the city comptroller's office at year's end when Scott Stringer's term ends; deputy CIO Michael Haddad will fill the interim position.

There are $8.127 billion of negotiated deals on tap and a mere $367.4 million of competitive loans slated, none over $100 million. Thirty-day visible supply totals $9.9 billion and net negative supply is at $8.4 billion.

Chicago's captured a new low in recent history on tax-exempt spreads but the taxables, which were downsized by $500 million, faced a tougher road amid Treasury volatility.

Bringing on private partners early to help design a project through a progressive development agreement can reduce uncertainties and mean more accurate pricing.

Quincy officials say they are getting out front of a state directive for full local funding by 2037.

State officials will wrap up a busy year a sale that includes a social bonds component.

Municipal yield curves were little changed for the seventh straight session while Refinitiv Lipper reported the 40th week of inflows into municipal bond mutual funds, with high-yield seeing a large increase week over week.

Illinois' unfunded pension tab dropped slightly to $139.9 billion from $141 billion on an actuarial basis while the market value view saw a $14 billion cut thanks to exceptional returns.