The bond insurance market has demonstrated remarkable resilience and evolution during the first three quarters of 2024. With the evolving economic landscape, investor interest in bond insurance surged dramatically. This article delves into the dynamics of bond insurance over the past year, analyzing the factors driving growth, implications for the market, and future prospects for
Bonds
In the evolving landscape of education finance, innovative funding models are crucial for supporting charter schools across the United States. The Equitable School Revolving Fund (ESRF), a pioneering initiative, aims to bridge the financial gaps facing these institutions by providing access to low-interest loans. Launched in 2017, this non-profit organization has quickly made a name
In a notable trend marked by diminishing yields, the municipal bond market experienced a slight downturn on Wednesday, marking its fourth consecutive session of weakening. This downward movement coincided with a general increase in U.S. Treasury yields and a modest recovery in equity markets, signaling complex dynamics at play in the current financial landscape. Municipal
The University of Arizona is making headlines as it approaches the municipal bond market with a new issue of revenue bonds. This development marks a pivotal moment for the institution, which is grappling with financial challenges that have provoked negative credit ratings from major agencies such as Moody’s and S&P Global. The upcoming issuance of
As Cleveland prepares to launch a series of significant bond offerings, the city’s financial strategy reflects a deliberate effort to enhance public services and infrastructure. The first of these offerings, valued at approximately $64.4 million, targets various community improvements, while a second offering of $90 million is set to finance essential water revenue projects. Understanding
In recent trading sessions, municipalities have experienced a degree of instability, coinciding with a decline in U.S. Treasury securities. This downturn is not isolated; it reflects prevailing geopolitical tensions and a slew of mixed macroeconomic indicators that have market participants on alert, especially with the imminent release of payroll figures. As equities remained subdued near
The financial market experienced a notable upheaval on Friday following the release of the latest payroll data, which significantly surpassed economists’ expectations. As the U.S. labor market reported robust job growth, the ramifications rippled through the bond markets, specifically affecting U.S. Treasuries. Traders began recalibrating their predictions regarding potential rate cuts from the Federal Reserve,
In the dynamic setting of the Muni Pride LGBTQ+ History Month Social Mixer held in Manhattan, Connecticut Treasurer Erick Russell delivered an inspiring keynote speech that underscored the importance of representation and the legacies of those who paved the way for future generations. His remarks came on the cusp of October, a month dedicated to
The municipal bond market continues to navigate a complex financial landscape, marked by recent shifts that reflect broader economic conditions. As of Wednesday, the municipals showed slight softness while managing to outperform the weakening U.S. Treasury securities. Investors appear to be drawing attention towards the primary market, with several substantial new issues demonstrating strong demand
Massachusetts is making significant strides in improving its transportation infrastructure, particularly for its commuter rail system. The state plans to issue a substantial $490.7 million in municipal bonds aimed at financing various transportation projects, which include crucial enhancements to its commuter rail network. This initiative signifies a critical investment in the future, addressing long-standing issues