Bonds

In a surprising twist that defies the usual calm of municipal markets, recent data reveals a significant influx of capital into municipal bond mutual funds—over two billion dollars in just one week. This sharp rebound, the largest in over two years, lures investors into believing the municipal sector is resilient and perhaps undervalued. However, this

Charlotte’s recent appointment of Matthew Hastedt as the city’s chief financial officer signals a commitment to maintaining its celebrated credit standing. While this may seem like a prudent move, it underscores a dangerous obsession with external validation rather than focusing on sustainable growth. High credit ratings, often lauded in municipal circles, can be misleading indicators

In an era dominated by economic volatility, municipal bonds are often dismissed as stable but dull investment options. However, beneath their seemingly benign veneer lies a complex landscape fraught with strategic significance and inherent risks. As recent market movements indicate, municipal bonds are experiencing a delicate dance of resilience supported by broader Treasury strength, yet

In the initial half of 2025, the municipal bond market experienced a remarkable acceleration in sectors central to societal development and technological progress. Notably, electric power and education emerged as the fastest-growing areas, with issuance volumes soaring by 47.8% and 31.6% respectively compared to the same period in 2024. These figures are not mere numbers;

In a move that has captivated the attention of both industry insiders and critical observers, Beth Israel Lahey Health (BILH), a titan of the Massachusetts healthcare landscape, has unveiled an audacious plan to construct a state-of-the-art cancer center in Boston in partnership with the renowned Dana-Farber Cancer Institute. This strategic partnership signifies a significant leap

The recent upgrade of Marin Clean Energy’s (MCE) credit ratings by Moody’s and Fitch from moderate investment grades to more robust levels might seem like a triumph of strategic management and financial prudence. However, a critical view reveals a landscape fraught with underlying vulnerabilities masked by short-term improvements. While Moody’s praises MCE’s liquidity improvements and

In recent years, the destructive power of wildfires has transcended the immediate devastation and begun infiltrating the realm of finance. A groundbreaking academic study unearthed a stark reality: climate-induced wildfire risks are now being reflected in the bond markets, subtly yet significantly raising the borrowing costs for school districts. This revelation is more than just

Houston’s latest ambition to pour nearly $720 million into its airport system exposes a troubling trend: a reckless commitment to expansion at a time when financial prudence should be paramount. The city’s plan to finance a multi-billion-dollar capital improvement program (CIP) through new bonds seems to prioritize immediate growth and political posturing over long-term fiscal

In an era marked by rapid technological change and evolving energy policies, states and utilities are under mounting pressure to innovate within their financial frameworks to meet ambitious renewable targets and economic stability. The recent emergence of New York’s debut prepay energy bond deal signals not just a procedural milestone but a potential paradigm shift

The municipal bond market, long considered a safe harbor for conservative investors seeking tax-advantaged income, is now revealing unsettling signs of turbulence. Recent data paints a picture of a sector that is not only underperforming but also embodying deeper structural issues that challenge its reputation. Unlike other fixed-income assets that have enjoyed gains, munis—particularly long-dated