The Bond Buyer

Bessent is already knowledgeable about the bond market and stakeholders seem eager to work with him, assuming he is confirmed to the post.

The Proposed Joint Rules leave important questions unanswered, the answers to these questions are likely to emerge in stages, including through the designated agencies' final joint rules and the SEC's agency-specific rulemaking, according to Neal Pandozzi.

Muni yields fell, following a UST rally as markets signaled confidence in Bessent for Treasury secretary.

The "Hudson Valley cannot exist without this tertiary [and quaternary] academic medical center," said Mike Quinn, a managing director at BofA Securities and the lead banker for the deal to finance a new state-of-the-art patient tower on Westchester Medical Center's main campus in Valhalla, New York.

Gregory Sobel was in college studying economics when Jefferson County, Alabama, filed for bankruptcy protection in 2011. Fast forward a dozen years, and he was lead analyst for Moody's Ratings when it granted a Baa1 rating to the county's sewer revenue warrants, the firm's first rating on the credit since the historic bankruptcy.

The top 10 bond counsel for healthcare deals accounted for $12.32 billion in 63 deals in the first half of 2024.

Pewaukee, Wisconsin's transportation utility fee, overturned in state court, was an effort to keep up with rising road construction costs, the village administrator said.

"This is a pervasive issue for states, and it's something they'll continue to tackle going forward," Pew's Fatima Yousofi said.

"We are experts in municipal bonds. That's all we do. We concentrate in one area," Brennan said. "All of our capital is committed to the municipal bond market. So I really do like the predictability and the business plan."