Bonds

A new video-sharing app for self-directed investors will combine short-format, social media technology with high-quality crowd-sourced content to inform, educate, and elaborate on all things investing, including municipal bonds. A Wall Street version of TikTok, the new StockPick app will be targeted to everyone from experienced traders to the Gen Z and millennial investors age

Chief Economist Dr. Lindsey Piegza will look at the current state of the economy amid the ongoing pandemic and what it means going forward for overall growth, interest rates and monetary policy. She will cover macro-economic trends in consumer spending and investment, in addition to new monetary and fiscal policy initiatives and the potential economic

Los Angeles Mayor Eric Garcetti and the city’s housing authority announced Tuesday that the city will restart its Section 8 housing voucher program, which it had paused for five years. “Housing solves homelessness; that is our North Star,” Garcetti said. “By reopening the Section 8 waiting list, we will present thousands of our neighbors with

Municipal yields fell Tuesday by as much as 10 basis points out long while U.S. Treasuries were little changed and equities rallied. Triple-A yields fell four to 10 basis points across the curve amid robust secondary trading with high-grade names showing clear moves to lower yields. New York City priced $1.35 billion of exempt and

The Municipal Securities Rulemaking Board’s proposed amendments to its Rule G-14, requiring all trades to be reported within a one-minute window, would not provide any material benefits and could cause serious disruptions to many aspects of the market. That’s according to comments the board received as part of its request for comment on MSRB Rule

The first green municipal bond was issued nearly a decade ago, but the public finance industry — and California in particular — have been working to take it to the next level. California’s Green Bond Market Development Committee plans to produce recommendations next year on both best practices for issuing green bonds and a method

As the Oklahoma Turnpike Authority battles in court for the ability to issue bonds for a $5 billion, 15-year project that includes toll road extensions, state lawmakers are taking a closer look at its operations and giving opponents the opportunity to publicly air their concerns. Southwest states, including Oklahoma, are attracting residents and businesses and

Baby bond programs aren’t a panacea for generational inequality, but remain a promising tool to chip away at such problems, experts said at an event this week in New York. Tuesday’s event at the Federal Reserve Bank of New York, “Exploring Baby Bonds as a Tool to Improve Economic Security,” was organized in conjunction with

Municipals were little changed Friday to close out a month that saw triple-A yields rise more than three-quarters of a point on the front end, $7.6 billion flow out of mutual funds and issuance fall by 43%. U.S. Treasuries were weaker and equities ended in the red after a month of central bank rate hikes,

Citing sustained progress on pension funding and debt reduction, Moody’s Investors Service Friday lifted its rating outlook on New Jersey to positive from stable, while affirming its issuer and general obligation bond ratings at A2. “The positive outlook is supported by the likelihood the state will continue its current practices for managing reserves and long-term

California water and wastewater issuers count among their challenges the recurrence of drought, fundamental modification to the usage rates and patterns of enterprise services post pandemic, and significant capital requirements from a regulatory and reinvestment perspective. Issuers and other sector experts will explore the unique risks facing water and wastewater agencies and how they are

Cities and Counties have had to question long-term revenue forecasts that were based on fundamentals that may no longer be present in their post-COVID economies. This uncertainty is particularly unsettling as COVID relief funds are spent down. Issuers, their advisors, and sector professionals will discuss their view of these challenges amidst those of the broader

September municipal bond issuance declined 43% year-over-year, with nearly every structure and sector seeing large drops, as issuers eschewed the market amid another Federal Reserve rate hike and severe global market volatility. Third-quarter issuance was down 26% led by a steep drop in taxable and refunding volumes, according to Refinitiv data. Total issuance for the

Municipals were slightly weaker in spots Thursday while a more robust primary market provided distraction again as the New York Urban Development Corp. sold $1.4 billion in the competitive market. U.S. Treasuries were weaker 10 years and in, and equities sold off. Outflows from municipal bond mutual funds intensified as investors pulled $3.601 billion out

California Gov. Gavin Newsom has signed a legislative package that state lawmakers hope will help turn the corner on the state’s housing crisis. He signed the package of 41 bills at a press conference Wednesday at the site of a proposed affordable housing community in San Francisco. Newsom said the bills will accelerate the construction

Puerto Rico bankruptcy Judge Laura Taylor Swain said she would approve a three-pronged approach to advancing the more than five-year-old Puerto Rico Electric Power Authority bankruptcy with a plan confirmation due by June 2023. Swain said there should be litigation on two key issues, the development of a plan of adjustment with several versions, and

Highlighted by Hurricane Ian, which wreaked havoc in the Caribbean and now threatens Florida, the U.S. public power sector faces challenges that are unprecedented but not insurmountable, according to speakers at a recent annual public power community conference in Manhattan. Inflation, the reliability of power grids and the impact of environmental social and governance requirements

Under the oversight of a state review board, the troubled finances of West Haven, Connecticut, are moving in the right direction, according to Moody’s Investors Service, which last week affirmed the city’s Baa3 general obligation bond rating after a two-month review. Financial mismanagement and federal corruption charges have dogged the New Haven suburb, which is

Transcription:Chip Barnett: (00:03)Hi and welcome to another Bond Buyer podcast. I’m Chip Barnett, and my guest today is John Hallacy, and he’s the founder of John Hallacy Consulting LLC. And today we’re gonna be taking a look at the state of the municipal bond market, where it is right now, and where it’s heading for

California Gov. Gavin Newsom, who has been bouncing around the country making appearances fueling further talk of a presidential run, has signed hundreds of bills ahead of Thursday’s deadline to sign or veto bills the Legislature sent him. The final bill signings also serve as a demarcation of sorts for when the governor moves from