Bonds

<img src=”https://public.flourish.studio/visualisation/21524058/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were weaker out long, while U.S. Treasury yields rose and equities ended down after a mixed jobs report. Ahead of Friday’s nonfarm payrolls report, UST yields fell another eight basis points this week, making it a 33-basis-point rally from Jan. 14, said Barclays strategist Mikhail Foux. Munis had

North Carolina Treasurer Brad Briner said addressing the state health plan’s looming defict is one of his highest priorities. The North Carolina State Health Plan Board of Trustees took a step toward a salary-based employee health insurance premium contribution system, as a way to avoid a looming $1.3 billion deficit in the government’s health plan

Sen. John Cornyn, R-Texas, in 2017 led the charge to save tax-exempt private activity bonds that had been axed in an early House draft of the Tax Cuts and Jobs Act. Al Drago/Bloomberg House and Senate tax staff and members seemed receptive to the Bond Dealers of America’s plea to preserve the municipal bond tax

Electrical transmission lines near the Eaton Fire in Altadena. The Eaton Fire has become the fifth-deadliest in state history, killing at least 17 people, burning 14,021 acres and destroying 9,418 structures.Bloomberg News Southern California Edison reported to state regulators Thursday that its equipment may have played a role in sparking the Hurst Fire that burned

<img src=”https://public.flourish.studio/visualisation/21507641/thumbnail” width=”100%” alt=”chart visualization” /> The muni mark took a breather Thursday, as yields were little changed, while inflows into muni mutual funds exceeded $1 billion. U.S. Treasuries were slightly weaker and equities were mixed toward the close. President Trump’s tariff threats against America’s primary trading partners could be bullish for bonds, somewhat mitigated

University of Louisville Hospital, which is one of the hospitals in the UofL Health system.Bloomberg News Fitch Ratings downgraded UofL Health, Inc., Kentucky’s issuer default rating and Series 2022A & 2022B revenue bonds to BBB from BBB-plus. The outlook is stable.UofL Health has $564 million in debt plus an additional $423 million in operating lease

A new MARTA train is shown off in a special event Jan. 30 at the system’s Lindbergh station.MARTA The Metropolitan Atlanta Rapid Transit Authority is coming to market with a triple-A-rated negotiated sale of green bonds to refund issuances from 2020 and 2021 while also financing a major upgrade to its rolling stock.   “When I

<img src=”https://public.flourish.studio/visualisation/21489373/thumbnail” width=”100%” alt=”chart visualization” /> Munis were firmer Wednesday, underperforming a U.S. Treasury rally in most tenors, while equities ended up. Muni yields were bumped one to eight basis points, depending on the scale, while UST yields fell three to 10 basis points, with the greatest gains out long. Tariffs and trade negotiations have

“We simply cannot have a situation in which Congress comes together in bipartisan fashion, agrees on a measure, and a president who has taken an oath to faithfully execute those laws, instead picks and chooses among them,” said Sen. Sheldon Whitehouse, the Democratic ranking member of the Environment and Public Works Committee.  Confusion caused by

<img src=”https://public.flourish.studio/visualisation/21471238/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were slightly firmer as U.S. Treasury yields fell and equities rebounded. Muni yields were bumped up to three basis points, depending on the curve, while UST yields fell four to five basis points. The two-year municipal to UST ratio Tuesday was at 63%, the five-year at 63%, the

US President Donald Trump signs an executive order to create a sovereign wealth fund with Scott Bessent, US Treasury secretary, left, and Howard Lutnick, chief executive officer of Cantor Fitzgerald LP and US commerce secretary nominee, right, in the Oval Office.Chris Kleponis/Bloomberg President Donald Trump Monday signed an executive order that will start the process

Adobe Stock Terie Gelberg has lived at the Harborside, a retirement community on Long Island’s North Shore, for almost two decades. It was supposed to be the last home for the 99-year-old wheelchair user with memory issues, but plans to sell the bankrupt municipal bond financed facility to a private equity firm threaten to upend her

New York Gov. Kathy Hochul looks on as Budget Director Blake Washington discusses her budget proposal on Jan. 21.Mike Groll/Office of Governor Kathy Hochul New York Gov. Kathy Hochul is touting targeted tax cuts and one-time cash payouts as part of her $252 billion state budget proposal. “Our budget priorities reflect what New Yorkers expect:

Emergency crews work near the site of the crash of an American Airlines plane and Army helicopter on the Potomac River.Bloomberg News Two Moody’s Ratings analysts were on the American Airlines flight that collided with an Army helicopter Wednesday night in Washington, D.C., killing all aboard. Analysts Chris Collins and Melissa Nicandri were among the

<img src=”https://public.flourish.studio/visualisation/21410664/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were mixed, while U.S. Treasury yields rose and equity prices fell Friday after the White House announced tariffs against Mexico, Canada, and China will take effect Saturday. For the week, municipals “not only moved in sync (with Treasuries) they actually outperformed, especially in the belly of the curve,

&amp;lt;img src=”https://public.flourish.studio/visualisation/21408585/thumbnail” width=”100%” alt=”chart visualization” /&amp;gt; Issuance rose in January on a year-over-year basis, as issuers came to market amid policy uncertainty and possible tax changes. January’s volume was at $35.243 billion in 486 issues, up 10.8% from $31.817 billion in 554 issues in 2024, according to LSEG data. January’s total also surpasses the 10-year

California Treasurer Fiona Ma announced that a conduit issuer she chairs has established a $2 million zero-interest loan program to aid health facilities affected by fires in three southern California counties.California treasurer’s office The California state treasurer has launched a loan fund to aid health facilities affected by the Los Angeles-area wildfires. The $2 million

Michigan’s White Lake Township, after a 2024 bond pricing was halted by a hack, is returning to the market to sell the debt.White Lake Township White Lake Township, Michigan, plans to bounce back from the hack that forced it to cancel a bond sale with new bond plans to finance construction of a civic center.

An insurance company employee on Jan. 23 surveys a home destroyed by the Palisades Fire in Los Angeles.Bloomberg News This month’s devastating Los Angeles-area wildfires have created urgency around a bill that would allow the California Infrastructure and Economic Development Bank to issue bonds to support the state’s property insurer of last resort. California’s FAIR

The University of Tennessee wants to be given the right to sell a wider variety of bond types. AdobeStock The University of Tennessee wants the Tennessee State School Bond Authority to grant it the right to offer bonds supported by its general operating budget rather than revenue streams. Residence halls and parking lots are the