Bonds

In a compelling shift aimed at fortifying its municipal financing strategy, the City of Chicago has issued a request for qualifications (RFQ) for new underwriting services. The move, initiated on April 30, signifies an urgent need for fresh partnerships amid evolving market dynamics. By targeting firms to manage its bond deals, Chicago aims not only

Shreveport, Louisiana, finds itself in a precarious financial situation, wrestling with an alarming rate of debt while attempting to stimulate its local economy. The recent proposal of a $28.9 million general obligation bond—backed by bond insurance—has raised eyebrows. As the city grapples with its troubling credit ratings, the pressing question lingers: can this historically significant

In a striking financial maneuver, the North Carolina Local Government Commission has approved a jaw-dropping $865 million in bonds split between the city of Charlotte and the Duke University Health System. This colossal financial decision raises an eyebrow, as it reflects the current sentiment of risk-taking that is pervading local governance and institutions. History has

Barclays Plc, long regarded as a formidable player in the world of municipal finance, is in the midst of a seismic shift that underscores growing discontent within its ranks. Over the past year, the bank has experienced the departure of at least ten employees from its muni finance team—a movement that has triggered recruitment efforts

In a move that can only be described as audacious, American Airlines is gearing up to issue a junk-rated bond worth $350 million to finance improvements at its maintenance facility in Tulsa, Oklahoma. This specific transaction has sent ripples through the municipal market, raising eyebrows and concerns among wise investors and market analysts alike. With

In an unprecedented fiscal maneuver, the Tennessee government has sanctioned an astounding increase in state bond issuance to $1.01 billion for the upcoming fiscal year. This leap from a mere $88 million allocated last year raises red flags for those who critically assess government spending. The robust figure breaks down into significant components: $925.6 million

In the world of finance, the municipal bond market often operates as a reflective surface, revealing broader economic sentiments and investor psychology. Recently, the municipal bonds have seen a combination of firming yields and tumultuous investor behavior, which is a curious cocktail. With the rate of municipal bond mutual fund outflows showing signs of slowing,

The recent decision by the Louisiana State Bond Commission to approve a staggering $1.03 billion for healthcare initiatives has elicited a mix of enthusiasm and skepticism within the community. This monumental bond, originating from the Louisiana Public Facilities Authority for the Ochsner Clinic Foundation Project, embodies both the promise of improved healthcare infrastructure and the

The Pittsburgh International Airport (PIT) is set for a transformational boost with an ambitious $421.9 million bond issuance aimed at completing its new terminal. More than just brick and mortar, this project symbolizes a broader shift in how Pittsburgh positions itself within the global economic landscape. In an era where airports embody the identity of

In a landscape rife with market fluctuations, the municipal bond sector is currently experiencing an unnerving equilibrium. After navigating through a tumultuous week, recent adjustments have led to both recovery and lingering doubts. As U.S. Treasury yields fluctuate and ambiguities loom large concerning inflation and recession risks, it beckons all investors to recalibrate their expectations.