5 min read
Detroit revenues remain on an upward trajectory thanks to healthier income and utility tax prospects, but clouds loom over the...
Bonds
5 min read
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The Puerto Rico Oversight Board defended its proposed Puerto Rico Electric Power Authority disclosure statement in a filing following bondholder...
4 min read
Federal Reserve officials stressed the need for further interest-rate increases to help tame inflation, but expressed differing views about how...
6 min read
Midwest municipal bond sales slid by 17.4% in 2022 to $65.3 billion from $79 billion a year earlier as issuers...
2 min read
The value of contract awards spiked by a record 25% last year as federal infrastructure funds began to flow to...
4 min read
Post-COVID turnover in the state and local workforce, including elevated numbers of retirements and resignations, is forcing municipal bond analysts...
2 min read
Kathryn "Kasey" O'Connor, executive director of the California Hope, Opportunity, Perseverance, and Empowerment (HOPE) for Children Trust Account Program, was...
3 min read
Wells Fargo & Co. has named Julie Burger and Mark Burns as co-heads of their public finance division, the firm...
6 min read
Municipals were weaker in spots Monday as they face difficult technicals, while U.S. Treasuries were firmer five years and out...
3 min read
State treasurers gathered for a major conference in Washington Monday expressed concerns about the contentious Federal Data Transparency Act that...
3 min read
Illinois Gov. J.B. Pritzker has signed legislation cementing a Cook County Forest Preserve District pension funding overhaul that rescues the...
3 min read
The tax revamp in the 2017 Tax Cuts and Jobs Act would become permanent under a bill with heavy Republican...
2 min read
A nearly depleted triple-A-rated school bond guarantee program in Texas will get a huge capacity increase after the state board...
3 min read
Less than two years after selling $504.5 million of taxable pension bonds, Kansas is considering buying back a chunk of...
2 min read
The Federal Reserve will likely have to keep raising interest rates to rein in price growth, which could slow economic...
3 min read
Total 2022 municipal bond sale volume plunged 19.5% from 2021, as issuers were flush with cash and rising interest rates...
3 min read
The amount of debt wrapped by bond insurance fell 23% in 2022, but industry bond insurance penetration remained at the...
4 min read
Municipalities relied less on interim financing in 2022, which triggered a 25.6% decline in short-term note issuance, resulting in historically...
3 min read
In a year marked by shrinking issuance, the electric power and utilities sectors showed the smallest volume contractions.Electric power declined...
6 min read
Municipals were weaker Friday ahead of next week's heavier new-issue calendar. U.S. Treasury yields rose and equities were mixed.Triple-A benchmark...
