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In a week that culminated in headline-grabbing events — a presidential debate, several Supreme Court decisions, more macroeconomic data to add to Fed policy expectations — municipals closed on a quiet note and in the black for June.
June 28 -
In the first half of 2024, winding-down federal aid, a resurgence of Build America Bond refundings and election uncertainty have contributed to the surge in issuance, said James Welch, a portfolio manager at Principal Asset Management.
June 28 -
Passed every two years since 2016, the Water Resources Development Act of 2024 hits on many of President Biden's climate and resiliency goals.
June 27 -
Two initiatives were dropped from the California ballot as Gov. Gavin Newsom worked to secure a legislative fix.
June 26 -
The 0.34% sales tax rate increase would raise an estimated $70 million annually for Colorado's only safety net healthcare provider.
June 25 -
Total volume currently stands at $224.13 billion, up 38.5% from $161.848 billion at this time last year. As the end of the first half approaches, several firms are revisiting their supply projections for the year, given the growth so far this year.
June 25 -
With a tax battle looming, the chair of the powerful committee will guide tax policy.
June 24 -
Knowing where to focus won't be easy among the numerous issues in play.
June 21 -
The California Supreme Court issued an opinion Thursday blocking an anti-tax measure from November's ballot.
June 21 -
While the muni market lobbies for its wish list, investors keep in mind that any tax rate changes affect appetite and market technicals.
June 21