Wisconsin is set to capitalize on a significant bond issuance, launching $253.9 million in Series 2025A general obligation (GO) bonds. This financial maneuver is not just about raising capital; it represents a pivotal moment for the state as it addresses pressing infrastructure needs, notably the John A. Blatnik Bridge replacement project. With a blend of
Bonds
The municipal bond market has recently demonstrated a steady state with little statistical change, even amidst a backdrop of fluctuating U.S. Treasury yields. Investors have predominantly opted for tax-exempt municipal bonds, bolstered by substantial inflows into mutual funds. As reported on a Thursday, with U.S. Treasury yields inching upward and equity markets closing in the
Tennessee’s Governor Bill Lee has set the stage for what could become a transformative fiscal period. His proposed budget for the fiscal year 2026 allocates a staggering $930 million in bonds designated for various capital projects throughout the state. This move represents a shift toward long-term planning for the state’s infrastructure needs, an area that
In the financial landscape, recent activity within the municipal bond market has revealed nuanced dynamics influenced by external economic factors, particularly U.S. Treasury yields and the stock market’s behavior. On one hand, municipal bond prices reflected a slight firmness amid a backdrop of falling Treasury yields, signifying a cautious optimism among investors. The ratios of
The year 2024 marked a transformative period for municipal bond issuers in the Northeast, reflecting a significant rebound post-pandemic. With a staggering $132.3 billion in new bond sales, this represents a phenomenal $43 billion increase over the previous year, signifying a robust resurgence in public financing activities. The volume of bond issuance in this region
Brightline West’s entry into the financial markets represents a significant moment for the future of high-speed rail in the United States. With the announcement of $2.5 billion in unrated private activity bonds, this ambitious project aims to connect Los Angeles and Las Vegas with a cutting-edge, all-electric train system. This write-up delves into the intricacies
The Louisiana State Bond Commission’s recent approval to sell $400 million in general obligation bonds marks a significant step forward for the state’s financial strategy. Scheduled for competitive sale on April 9, these bonds are expected to bolster Louisiana’s fiscal framework by addressing both immediate funding needs and long-term financial stability. The utilization of bond
The municipal bond market serves as a critical component of the global financial ecosystem, offering a refuge for investors seeking lower-risk assets compared to equities and other investment vehicles. In recent days, we have witnessed the stabilization of municipal bond prices in the wake of a significant issuance tied to the Brightline West Passenger Rail
Tampa International Airport (TPA) is on the verge of an important financial milestone with plans to price $484 million in senior bonds, eligible for alternate minimum tax, come Thursday. This significant move closely follows a recent upgrade from Fitch Ratings, which enhanced the airport’s subordinate debt rating from A-plus to AA-minus. Such ratings are essential
The municipal bond market has demonstrated a notable resilience as broader economic conditions evolve, especially in light of the shifts in U.S. Treasury yields and investments trends. With Treasury yields showing a rally and equities enjoying a positive close, municipal bonds firmed up as well, reflecting a robust correlation between these financial products. Notably, the