The recent trends in the municipal bond market indicate a complex interplay of demand, yield changes, and market sentiment. With the upsizing of major transactions, like the Triborough Bridge and Tunnel Authority’s $1.6 billion bond issuance, the municipal segment has demonstrated resilience and a slight firming in pricing, suggesting a careful recalibration of investor perspectives
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The landscape of public infrastructure in the United States appears to be a complex mix of optimism tinged with uncertainty as stakeholders brace for a year filled with potential developments and policy shifts. Despite the challenges looming over financing strategies, many municipal market players remain hopeful for a wave of upcoming infrastructure projects. This article
The municipal bond market has demonstrated an impressive resilience against the backdrop of fluctuating U.S. Treasury yields and subdued stock market performance. Yet, the intricacies within this sector call for a closer examination of current trends, mechanisms driving demand, and potential challenges on the horizon. On a recent Tuesday’s trading session, the municipal bond market
The New York Metropolitan Transportation Authority (MTA) is embarking on a notable financial initiative that could reshape how it raises capital for its operations. This article delves into the implications of the MTA’s decision to issue bonds backed by its real estate transfer tax, often referred to as the “mansion tax.” By analyzing the unique
As the new year unfolds, the municipal bond market has demonstrated a surprising resilience, particularly as municipal bond mutual funds have shifted back to inflows following a rough patch of outflows. In the first full reporting week of 2025, investors injected $842.4 million into these funds, signaling renewed interest after experiencing a total an outflow
In the ever-altering landscape of financial markets, recent movements in municipal bonds and U.S. Treasuries stand out, particularly in the wake of the latest Federal Reserve meeting minutes. On a particular Wednesday, municipal bonds saw a sell-off, resulting in significant losses, especially among long-term securities. Conversely, U.S. Treasuries experienced modest gains while equity markets fluctuated.
In a significant move that underscores the financial strategies employed by various municipalities in North Carolina, the Local Government Commission convened a meeting this past Tuesday, approving an array of bond deals aimed at enhancing local infrastructure and community facilities. This approval, encompassing amounts of $252 million, $90 million, $45 million for Mecklenburg County, alongside
The municipal bond market has witnessed a period of notable transformations as we approach the conclusion of 2024. Despite a mixed performance within equities and incremental increases in U.S. Treasury yields, municipalities have exhibited a relatively stable tone. As tax-related trading gains momentum and the market contends with macroeconomic uncertainties, the dynamics surrounding municipal bonds
The Oklahoma Turnpike Authority (OTA) is poised to enter the municipal bond market with a substantial $1.3 billion offering aimed at financing an expansive roadway initiative. This ambitious project, known as the ACCESS Oklahoma program, has drawn both interest and criticism since its inception. With this new issuance, OTA plans to allocate approximately $1.087 billion
The Indiana Municipal Power Agency (IMPA), a pivotal player in the wholesale energy sector, is poised to make a significant financial move with the issuance of $268.3 million in power supply system revenue bonds. This series of bonds aims to not only refund earlier bonds but also inject funding into various capital projects, reflecting IMPA’s