Public finance

"If unfavorable economic numbers ... are released next month, we should expect a hold on any rate cuts and a possible rate hike to follow, putting a damper on any positive returns for the rest of the year," said Jason Wong, vice president of municipals at AmeriVet Securities.

KC Mathews, executive vice president and chief market strategist at Commerce Trust breaks down the FOMC meeting.

The state will charge active employees higher salary-based health plan premiums to avoid a near-term $1.3 billion deficit.

The state is expected to pursue a TIFIA loan instead of toll revenue bonds.

Doe announced his decision to hand over the day-to-day duties to his partners in a client email on Friday.

Introducing The Bond Buyer's newest class of Rising Stars, who will be honored at an awards dinner in Boston on Sept. 30, 2025.

Following last year's record volume, long-term municipal issuance is exceeding that pace through the first half of 2025.

A state-by-state review of 2025 midyear issuance in the Northeast.

Municipal bond insurance volume grew 12.6% in the first half of 2025 year-over-year, according to LSEG data.

Electric power bond issuance was up 47.8% and educatron issuance was up 31.6% from the first half of 2024.

Rising underwriting spreads are a "flashing neon sign that the muni market is still nursing the hangover from higher rates and choppy flows," said James Pruskowski, an investor and market strategist.

The market saw elevated issuance, with an average of $10 billion to $12 billion of supply per week.

Municipal issuers in the Northeast sold $72.25 billion of bonds in the first half of 2025, up 14.7% year-over-year, propelled by new money and GO deals.

Issuance for the week of Aug. 18 remains elevated at an estimated at $6.166 billion, with $5.065 billion of negotiated deals and $1.101 billion of competitive deals on tap, according to LSEG.

California Sen. Dave Cortese proposed the bill as the state grapples with a shortage of affordable housing.

Hunt Memorial Hospital District's distressed finances led to downgrades to Ba3 by Moody's Ratings and B-plus by S&P Global Ratings, with both giving it a negative outlook.

President Trump's move to take over the Washington D.C. Metropolitan Police Department by deploying the National Guard is spawning a request to Congress to establish a security fund that could also be used for infrastructure improvements.

The latest inflation report — the producer price index — threw a monkey wrench into expectations for a big rate cut next month, according to some economists, may put into question any easing in September.

Would-be underwriters of the general obligation bonds will be able to see where they've been ranked among all the bids, and to improve their bid accordingly.

The ruling by a state judge comes in a lawsuit that pointed to unequal access by public school districts to local property taxes and bonds.