Caitlin Devitt has covered the municipal bond market since 2008. She began her journalism career at the Herald Newspapers on the South Side of Chicago, starting as a reporter and rising to Managing Editor. While at The Bond Buyer, she covered the Detroit bankruptcy among other Midwest-based stories. Devitt joined Debtwire Municipals in 2016, where she covered the high-yield municipal bond market for five years, before returning to the Bond Buyer as Senior Infrastructure Reporter. She lives in Chicago with her family.
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The key question for issuers will be how lawmakers decide which funds are protected and which are open to being rescinded.
May 10 -
A downgrade of the nation's credit would shake the muni market.
May 9 -
If implemented, New York's congestion pricing plan will be the first in the nation.
May 8 -
"The vast majority" of state and local issuers would be resilient to a one-notch downgrade in the U.S. rating, Moody's said.
May 4 -
Streamlining the federal grant process should start with getting rid of the "government legalese" that complicates notice of funding opportunities, experts said.
May 2 -
JPMorgan's move to acquire First Republic and its muni portfolio eases the risk of nearly $20 billion of munis flooding the market.
May 1 -
It's one of four state cases accusing Wall Street banks of a "robo-resetting" scheme that kept interest on variable-rate debt artificially high.
April 28 -
Pandemic funding cuts may pop up in any of the four big-ticket, must-pass bills Congress will take up this year.
April 27 -
One of the largest P3s in the university energy space has landed in court three years into a 50-year contract.
April 26 -
Except for the riskiest sectors, high-yield credit fundamentals appear to be strong, but rising interest rates and fund outflows are dampening primary and secondary market activity.
April 24