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<img src=”https://public.flourish.studio/visualisation/20096840/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were little changed Friday ahead of a week of virtually no supply as all eyes turn to the election and macroeconomic policy. U.S. Treasury yields rose and equities ended up after a weaker-than-expected jobs report. The employment report underwhelmed, with just 12,000 jobs added in October, but observers

Fitch Ratings Director Tammy Gamerman said the long-term increase in frequency and intensity of hurricanes could hinder Florida’s economic growth. Hurricane Milton caused more damage that will require reimbursement from the Florida Hurricane Catastrophe Fund than Hurricane Helene did, and Moody’s Ratings believes the state may need to sell bonds to replenish the fund in

Fitch Ratings upgraded the District of Columbia’s ballpark revenue bonds Series 2006A and 2006B to AA from AA-minus, a development that Washington officials believe highlights the strong current and future position of the unique city. “This Fitch upgrade reflects our financial stability and the strong economic prospects of the district,” said Chief Financial Officer Glen

The town council in Payson, Arizona, rescinded its Aug. 21 approval of $70 million of tax-exempt bonds in the wake of ongoing litigation and opposition to the debt sale from incoming council members.AdobeStock An Arizona town terminated a plan to sell $70 million of bonds despite prevailing in a lawsuit that claimed the debt’s approval

Former director of the Office of State and Local Finance at US Treasury Kent Hiteshew, left, and David Dubrow, a partner at ArentFox Schiff, penned a pair of pieces arguing for direct SEC oversight of issuer disclosure. After decades of what investors see as inadequate disclosure from cities, towns and states, it’s time to consider

The U.S. Virgin Islands Supreme Court upheld a 2021 law reshaping the Water and Power Authority’s governing board, a ruling that may be a credit positive for the struggling authority. “Clearly this is a first step in reforming the operations at WAPA,” Muni Credit News Publisher Joseph Krist said last year after an earlier Superior

Enjoy complimentary access to top ideas and insights — selected by our editors. The election is fast approaching and many economic and tax policies are at stake under the guidance of a new president and changes in Congress.  Vice President Harris and former President Trump’s only debate, on Sept. 10, largely ignored discussions on economic

Munis were little changed in the last session of the month and few deals of size priced, while muni mutual funds saw inflows overall but high-yield saw the first outflows since mid-April. U.S. Treasuries were mixed and equities saw losses. “The final session of October concludes what has been an upwardly trending curve all month

Chicago Mayor Brandon Johnson speaks at the Democratic National Convention earlier this year. Johnson on Wednesday unveiled his fiscal year 2025 budget proposal.Bloomberg News Chicago Mayor Brandon Johnson on Wednesday proposed a $17.3 billion fiscal 2025 budget that calls for a $300 million property tax increase, a move that reverses a campaign promise but avoids

Municipals were steady to slightly firmer in spots as the market absorbed the last day of sizable supply ahead of the presidential election, which included two billion-dollar-plus pricings. U.S. Treasury yields rose 10-years and in and equities ended down as the markets digested the latest economic growth data and expectations for the Fed’s next moves.