Minneapolis, a city that has faced significant scrutiny and upheaval in recent years, is set to issue general obligation bonds to raise over $123 million. This move is not just about financing; it is an essential step in the city’s recovery and revitalization efforts following the socio-economic turmoil that erupted after the death of George
Bonds
This week, municipal bonds demonstrated notable stability amid significant market events. As the last significant deals of the week were priced, municipal bond mutual funds reported inflows for the thirteenth consecutive week, with high-yield offerings particularly driving this trend. During this timeframe, municipal bonds navigated a separate path from a somewhat mixed U.S. Treasury market
The municipal bond market has exhibited a remarkable steadiness, drawing considerable attention as primary market activities have picked up with significant deals leading to lowered yields upon repricing. As equity markets faced losses and U.S. Treasuries displayed weakness, the municipal sector has emerged as a platform of relative stability amidst these fluctuations. This article delves
In an era where sustainable investing has taken center stage, the New York Power Authority (NYPA) has made a significant move by issuing green revenue bonds. On Monday, the authority revealed its plans to offer a total of $404.375 million in green revenue bonds, with $104 million specifically allocated for retail investors. In the latest
The Los Angeles Unified School District (LAUSD) is poised to make significant strides in sustainable infrastructure with its upcoming issuance of $1.1 billion in general obligation bonds. Set to enter the financial market on Wednesday, this issuance has garnered attention not just for its size, but also for its sustainability focus. This unique approach signals
As our world grapples with the unrelenting effects of climate change and increasing economic challenges, the role of state and local governments in building resilient infrastructure has never been more crucial. With the federal deficit hitting unprecedented levels, these smaller governmental entities are being called to action to finance essential infrastructure projects. This shift represents
The municipal bond market is observing a steady tide as investors focus on several key new issues while responding to a decrease in U.S. Treasury yields. This comes at a moment of heightened anticipation leading up to the Federal Open Market Committee’s (FOMC) impending rate decision. Renowned fixed-income strategist Cooper Howard of Charles Schwab has
The municipal bond market recently exhibited a mixed yet generally positive trend, signifying continuing interest from investors. This article analyzes the latest developments, insights, and future projections in the context of the municipal bond space, contrasting it with movements in U.S. Treasuries and equities. As we moved towards the end of the recent trading session,
The municipal bond market has showcased a complex interplay of factors in recent weeks as capital flows and yields continue to evolve, reflecting both investor sentiment and macroeconomic trends. This article delves into critical developments within the municipal bond space, exploring inflow trends, market performances, and outlooks that could shape future investment strategies. The municipal
The municipal bond market has been experiencing a surge in issuance over the past few months, driven by various factors such as pent-up capital needs, dwindling federal aid, and front-loaded issuance strategies. This trend shows no signs of slowing down, with some strategists revising their volume forecasts higher for 2024. For instance, HilltopSecurities recently adjusted