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Bond

Bond

UBS exit highlights Wall Street distress amid deal slump

The dramatic move last month by UBS Financial Services to lay off nearly its entire public finance team and exit the negotiated underwriting business...

by admin 2 years ago
Bond

SEC chief Gensler piled on in House hearing

Securities and Exchange Commission Chairman Gary Gensler and his team at the SEC have increasingly come under fire for their aggressive regulatory agenda, and...

by admin 2 years ago
Bond

Munis underperform UST rally post-FOMC

Municipals were firmer Wednesday but underperformed a U.S. Treasury rally after the Fed held rates steady. Equities rallied as well. The municipal market was...

by admin 2 years ago
Bond

Manufacturing growth pushes Georgia energy demands, and costs, to new highs

Quickly rising demand for energy in Georgia has left a major state power provider searching for additional sources of electricity to meet growing near-term...

by admin 2 years ago
Bond

Muni market pondering the future of refinancing

Municipal market professionals remain committed to bringing back tax-exempt advance refunding while they explore other avenues to replace the refinancing savings once offered by...

by admin 2 years ago
Bond

Court will rule on U. of Iowa’s winning bid for bankrupt hospital

A bankrupt Iowa hospital could ultimately end up in the hands of the University of Iowa, which submitted the winning bid in a reopened...

by admin 2 years ago
Bond

Muni market shows strength despite tepid global economy

Municipal bond delinquencies declined in the third quarter, despite some dramatic outliers including Mercy Hospital’s bankruptcy filing in Iowa, and some unrated affordable housing...

by admin 2 years ago
Bond

Quiet close to a volatile October ahead of FOMC

Municipals were steady to end a volatile month, as U.S. Treasuries were mixed and equities ended up. Tuesday also marked the start of the...

by admin 2 years ago
Bond

GLWA heads to market with upgrades, deal with Highland Park

Michigan-based Great Lakes Water Authority is set to return to market with upward of $400 million of a combination of senior and second lien...

by admin 2 years ago
Bond

Higher ed sector experiencing record impairments: MMA

Municipal Market Analytics reported a record number of higher education impairments have been added to its Default Trends database this year as colleges and...

by admin 2 years ago
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