Education issuance in the first half of 2024 rose 27% year-over-year, increasing to $64.516 billion across 1,646 issues from $50.796 billion in 1,559 transactions from 1H 2023.
Supply was led by K-12 education at $40.971 billion, up 7.9% year-over-year.
Higher education issuance, though, surge 103.9% to $22.504 billion, helped by large deals from
Source: LSEG
"Volatility creates all kinds of opportunities in the municipal space, not just for tax-loss harvesting, but for positioning and parts of the yield curve that might be undervalued or certain sectors or states that are poised to perform well going into yearend," said Tim McGregor, a managing partner at Riverbend Capital Advisors.
AI champ Nvidia and three other tech companies are driving a stock market surge resulting in California revenues coming out $7 billion above expectations set when the 2024-25 budget was approved in July.
The Republicans are using "magic math" to disguise the cost of extending the TCJA, Sen. Elizabeth Warren said.
The future of infrastructure spending in doubt, helping to drive unity among professionals who interact with the municipal market.
Federal Agencies are requesting billions of dollars to aid states in disaster recovery efforts.
Skeptical lawmakers, a new administration in Baton Rouge, and construction change orders all meant repeated delays in commercial close of the P3.
