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"A lot of the perception is the Iran situation and energy and everything else is temporary, so if municipal yields are higher, let's take advantage of it," said Pat Luby, head of municipal strategy at CreditSights.
Caught in the crosshairs of Trump's war on wind power, Revolution Wind fought two legal battles to continue its construction.
Without that claim, bondholders are fighting for repayment of about $8.5 billion.
Otero County commissioners approved an agreement with the federal immigration agency to avert a bond default despite a state law banning such contracts.
Acting Director Sam Waldon "will be a steady hand for the division during this period, including for municipal securities-related enforcement activity," said Kathleen Marcus, a partner at Stradling.