The Bond Buyer

10/01/2025

Susan Howard said she expects to see a "moderate bill," bipartisan in nature, that will be more focused on formula funds than competitive grant programs. https://bit.ly/4pVLTfu

Technical foul.

10/01/2025

"I view the uncertainty around my baseline outlook as especially high, mainly due to the new policies being introduced by the current U.S. administration and their effects on employment and inflation," Jefferson said. "As the changes in these policies are finalized and we have more time to judge how they are affecting the economy, I expect some of the broader uncertainty around the U.S. economy to diminish."

Federal Reserve Vice Chair Philip Jefferson said despite the near term cloudiness to economic projections, he does expect inflation to resume its downward trajectory next year and reach the Fed's 2% inflation target in the coming years.

10/01/2025

"We are definitely looking at an unprecedented approach to executive power with regard to infrastructure policy," said Paul Creedon, managing director and head of national infrastructure at Janney Montgomery Scott LLC.

At The Bond Buyer's infrastructure conference, panelists speculate about the reliability of federal funds under the current administration.

10/01/2025

"Local governments may face interruptions in federal agency coordination, delays in crucial grant funding and overall uncertainty for a wide range of community programs," said Steve Patterson, Mayor of Athens, Ohio and president of the National League of Cities.

Pausing federal funding creates another hardship for municipalities who are also reeling from infrastructure grants being clawed back by the U.S. Department of Transportation.

10/01/2025

"I think our industry really has that direct connection to people and places and things that directly tie back to quality of life, and that's always been a very rewarding part of what we do," Natasha Holiday said.

10/01/2025

"Given recent history, if the district were to fail to adopt another budget we could lower the rating by multiple notches," S&P's analysts wrote.

Toms River's reluctance to pass a budget could further damage the school's rating, S&P said.

10/01/2025

"We need to show that we are a good investment," said Council Member and Mayor Pro Tem Joe Compian, who voted in favor of the higher rate. "We need to maintain our credit rating."

The city of La Marque is taking steps to stabilize its shaky finances after a short-lived debt service payment default and a bond rating downgrade.

09/30/2025

Muni yields saw small cuts on the front end of the curve and small bumps out long, on the heels of last week's selloff as "data suggesting healthier employment and a bit more inflationary pressure catalyzed a correction in bond yields, the tax-exempt front end in particular being repriced," said Matt Fabian, a partner at Municipal Market Analytics.

October has historically not been "particularly kind to the municipal market, as it tends to be one of the heavier supply months of the year," said Daryl Clements, a portfolio manager at AllianceBernstein.

09/30/2025

Introducing The Bond Buyer's newest class of Rising Stars, with links to the complete profiles of each.

Introducing The Bond Buyer's newest class of Rising Stars, who will be honored at an awards dinner in Boston on Sept. 30, 2025.

09/30/2025

Top figures in public finance have weighed in on important events at this year's Infrastructure event.

09/30/2025

"Tripp Kaiser brings deep expertise from nearly 20 years in the municipal finance industry that will directly benefit our students and strengthen the center's ability to form meaningful industry partnerships and conduct research," JR DeShazo, dean of the LBJ School said in the statement.

Tripp Kaiser, a managing director at Municipal Market Analytics, will become executive director of the Center on Municipal Capital Markets in January.

09/29/2025

Washington Gov. Bob Ferguson called the forecast disappointing, but not surprising, adding in a statement that his budget team has been preparing for a challenging revenue forecast.

Washington revenues through 2029 are expected to be $900 million below the 2025-27 budget estimates.