Bonds

Dallas Police Department officers in 2022. Moody’s Ratings said the negative rating outlook for Dallas reflects the expected credit impact of voter-approved Proposition U, including reducing the city’s fiscal flexibility and boosting the Police and Fire Pension System’s liability by increasing police starting salaries and the number of officers.Bloomberg News Voter approval of a Dallas

<img src=”https://public.flourish.studio/visualisation/20321862/thumbnail” width=”100%” alt=”chart visualization” /> Triple-A yield curves were little changed Friday ahead of an $8.4 billion new-issue calendar while U.S. Treasuries saw small losses across the curve and equities were in the red as mixed economic data, hawkish Fedspeak and major announcements on how President-elect Donald Trump’s new administration may take form hangs

“We are going to be the very first state in the nation, the very first city in America, to have a congestion pricing plan,” New York Gov. Kathy Hochul said.Kevin P. Coughlin / Office of the Governor New York now has a start date for congestion pricing, the long-awaited, much-delayed toll that will help fund

<img src=”https://public.flourish.studio/visualisation/20306565/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were narrowly mixed Thursday as U.S. Treasuries saw losses up front and gains out long and equities ended down. Municipal yields, while bumped or cut up to three basis points, depending on the scale, have had a relatively quiet week following the volatility post-election. However, “volatility will likely

Chicago Mayor Brandon Johnson faces a pushback by City Council members to his proposed property tax hike.Bloomberg News Kroll Bond Rating Agency placed Chicago’s A general obligation bond rating on Watch Downgrade Tuesday as the City Council prepares to vote Thursday on a proposed $300 million property tax increase that Mayor Brandon Johnson included in

&lt;img src=”https://public.flourish.studio/visualisation/20281438/thumbnail” width=”100%” alt=”chart visualization” /&gt; Municipal market outperformance continued Wednesday as triple-A yield curves saw an improved bias while U.S. Treasuries were mixed after inflation data threw more uncertainty over the Federal Reserve’s next moves. The October consumer price index came in as projected, but stickiness in inflation — especially with expectations that President-elect

Palm Beach County Comptroller Joseph Abruzzo said the doctrine of separation of powers bars the court from telling him how to invest the county’s money. Palm Beach County Clerk and Comptroller Joseph Abruzzo last week asked a Florida court to dismiss a lawsuit by pro-Palestinian county residents contesting his investment of county money in Israel

&amp;amp;lt;img src=”https://public.flourish.studio/visualisation/20266588/thumbnail” width=”100%” alt=”chart visualization” /&amp;amp;gt; Municipals were narrowly mixed Tuesday, ignoring larger U.S. Treasury market losses while stocks ended their breakneck pace of post-election gains to close the session down. Triple-A yield curves showed a mix of one to three basis point bumps and cuts, depending on the curve, while USTs saw losses of

Dave Sanchez, director of the Securities and Exchange Commission’s Office of Municipal Securities, let attendees at The Bond Buyer California Public Finance conference know that new-issue pricing was, as set forth in the 2025 exam priorities, well, a priority.  The focus: municipal advisors — part of your regulatory responsibilities and duties (if you don’t agree

South Carolina-based assisted living developers CR Lakewood and CR Lakeside Place resolved a bond default. AdobeStock Owners of assisted and independent living retirement centers in South Carolina resolved a default on $24.5 million of bonds, according to a posting. Borrowers CR Lakewood, LLC, and CR Lakeside Place, LLC, failed to make principal payments due on

Oklahoma Turnpike Authority Executive Director Joe Echelle said inflation boosted the cost of every line item in the 15-year ACCESS Oklahoma program.Oklahoma Turnpike Authority The Oklahoma Turnpike Authority authorized on Thursday the issuance of $1 billion of revenue bonds to continue financing the controversial ACCESS Oklahoma expansion program with a projected price tag that has

&amp;amp;lt;img src=”https://public.flourish.studio/visualisation/20192719/thumbnail” width=”100%” alt=”chart visualization” /&amp;amp;gt; Municipals and U.S. Treasuries improved Thursday and equities ended mixed after the Fed cut rates 25 basis points and left the door open for further cuts in December. Triple-A yields fell three to seven basis points Thursday while govies were better by up to 11 basis points, retracing some

Election workers sort mail-in ballots Tuesday in Martinez, California.Bloomberg News California voters were friendly to municipal bonds in Tuesday’s election, with a few notable exceptions. The state’s voters passed two separate $10 billion state bond measures and put their stamp of approval on at least $42.8 billion of local school general obligation bonds. Tuesday’s ballot

A rendering of the Central Ohio Transit Authority’s bus rapid transit system.Central Ohio Transit Authority Bonds are part of the plans for a transit sales tax measure voters in Columbus, Ohio, approved this week. Voters in the Central Ohio Transit Authority service area approved a sales tax measure with more than 56% in favor. The

&amp;amp;amp;lt;img src=”https://public.flourish.studio/visualisation/20211105/thumbnail” width=”100%” alt=”chart visualization” /&amp;amp;amp;gt; Municipals rallied Friday, fully recovering the losses from Wednesday’s selloff, as U.S. Treasury yields were mixed and equities ended up. Triple-A yields fell nine to 15 basis points Friday, depending on the scale, as investors flooded back into the market after the post-election selloff and FOMC rate cut. Those

“We are very pleased to have Ari join HilltopSecurities to lead our structured finance and mortgage business,” Hilltop CEO Brad Winges said in the release. “Ari’s historical skillset and vision in the mortgage sector are key elements of why he is such an important hire for our firm.” HilltopSecurities hired Ari Kavour as executive managing

Jenniffer González Colón, a supporter of statehood for Puerto Rico, was elected the next governor of the island. Three of the five biggest bond referendums in the Southeast region passed on Tuesday, with voters agreeing to requests from Nashville, Tennessee; Charlotte, North Carolina; and Fairfax County, Virginia, and rejecting them in Cary, North Carolina, and

“Going into Election Day, Republicans held 57 legislative chambers nationwide, and Democrats held 41, a Republican edge that we’ve seen nationally since the Tea Party wave in 2010,” said Ben Williams, NCSL. ”We have as of right now, 54 chambers with Republican control, 35 chambers with Democratic control. We have one chamber that looks like it

&lt;img src=”https://public.flourish.studio/visualisation/20173584/thumbnail” width=”100%” alt=”chart visualization” /&gt; Municipal bonds sold off Wednesday, following U.S. Treasuries to much higher yields in a risk-on trade after a sweeping victory by former President Donald Trump and a Republican takeover of the Senate. Equities saw massive gains on the day. The red wave that took the presidency and the Senate

“We hope to act as a resource to the industry, trying to provide some additional knowledge, research findings that can help the market,” said Martin Luby, the Center on Municipal Capital Markets’ director.University of Texas at Austin The role of capital markets in financing infrastructure is the focus of a university-based center recently launched in