Bonds

Chicago’s upcoming issuance of $517.95 million in general obligation bonds, as highlighted by Fitch Ratings, serves as a painful indicator of the city’s ongoing fiscal turmoil. With a negative outlook assigned to the city’s A-minus issuer default rating, it is clear that the city is straddling a precarious financial divide. Fitch’s assessment revolves around Chicago’s
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The landscape of municipal bonds is shifting under our feet like sand, a phenomenon that should give financial conservatives and center-right investors considerable pause. Recent reports highlight the intricate relationship between municipal yields and broader market dynamics. Despite the apparent stability in the municipal bond market, various undercurrents—like rising U.S. Treasury yields and substantial outflows
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Recent weeks have exposed the municipal bond market to significant uncertainty as President Trump’s tariff pronouncements rippled throughout various sectors. However, the true narrative reveals a resilient bond market that, despite the chaos, has shown unexpected strength and adaptability. Jamie Doffermyre of Truist Securities underscored this recovery at the Southeast Public Finance conference, indicating that
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In an audacious initiative designed to reshape the medical landscape, Harris County Hospital District, the principal healthcare provider for Texas’s largest county, has announced a groundbreaking decision to issue $839.5 million in limited tax bonds. This strategic maneuver is a first step towards tapping into the ambitious $2.5 billion debt authorization approved by voters in
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