The 10 largest underwriters of electric power issuance in the first half of 2024 accounted for $8.68 billion.
Morgan Stanley was first in $2.21 billion, followed by J.P. Morgan with $1.74 billion and Goldman Sachs with $1.34 billion.
Source: LSEG
The market rally "took a bit of a breather last week, with yields rising across the curve," said Daryl Clements, a portfolio manager at AllianceBernstein.
Alaska Gov. Mike Dunleavy signed legislation approving the issuance of up to $135 million in revenue bonds to replace a cruise ship terminal.
In 2017, the BDA hired a lobbying firm as Congress wrote a tax reform bill. This time, the group opted for a strategic communications firm.
A united Republican vote for the continuing resolution could indicate the GOP's ability to gather support for the more complex reconciliation bill.
Moody's Ratings has placed Washington D.C.'s credit rating on review for a possible downgrade for all debt classes due to the Trump administration's cuts to the federal workforce.
Maryland lawmakers proposed a new tax on business-to-business transactions to close a $3 billion budget gap amid the firing of thousands of federal employees.
