Public finance

The Trump administration has dealt several blows to an already-battered sector. 

A review of the biggest issues in various public finance sectors in 2024.

Gov. Josh Stein said in his State of the State address too many schools are overcrowded or decrepit.

March had been expected to be difficult due to a "combination of heavy supply, low redemptions, rate volatility, tax-related selling and now fund outflows," said Barclays strategists Mikhail Foux and Grace Cen.

The Department of Transportation is signaling moves away from Biden-era infrastructure spending tied to environmental concerns and heading back to more formula funding, which is welcome news for transportation heads.

The nonprofit Wood River Community Housing Trust uses municipal bonds as part of its toolkit to finance workforce housing in the pricey Sun Valley, Idaho, area.

S&P Global Ratings analysts said they reviewed their entire rated California public utility portfolio before giving seven negative outlooks.

A $150 million housing bonds with a taxable component is anticipated for May and $110 million higher education student loan bonds are also anticipated for that month.

After digit-double cuts out long Wednesday, muni yields rose an additional two to four basis points, depending on the curve, on Thursday.

Alaska, California, Hawaii, Washington, Louisiana and New York have the worst-performing, least cost-effective roads and bridges, according to Reason Foundation's latest report.