<img src=”https://public.flourish.studio/visualisation/21361104/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were steady Tuesday ahead of the Federal Open Market Committee meeting as U.S. Treasury yields were little changed and equities ended up. This year may see higher levels of volatility due to the uncertainty about forthcoming policies from President Donald Trump’s administration, said BlackRock strategists. “An emphasis on

<img src=”https://public.flourish.studio/visualisation/21344305/thumbnail” width=”100%” alt=”chart visualization” /> A new artificial intelligence model from Chinese firm DeepSeek led to a selloff in tech stocks, which, in turn, scared the broader market. In response, investors flocked to safe haven assets like municipal bonds and U.S. Treasuries. Muni yields fell five to seven basis points, depending on the scale,

“The assumption that FEMA is there protects every credit,” said Sarah Sullivant from S&P Global Ratings.S&P Global Ratings President Donald Trump signed an executive order Sunday establishing a task force to evaluate the Federal Emergency Management Agency as he floated the idea of abolishing a department that many in the municipal bond market consider key to

KBRA downgraded Chicago’s GO bonds to A-minus on Friday. The outlook is negative. Bloomberg News Kroll Bond Rating Agency downgraded Chicago’s general obligation bonds to A-minus from A on Friday. KBRA said the move reflects the city’s “extremely limited” options for raising new recurring revenues or materially cutting operating expenditures. It said those conditions will

&amp;amp;lt;img src=”https://public.flourish.studio/visualisation/21307028/thumbnail” width=”100%” alt=”chart visualization” /&amp;amp;gt; Municipals were steady Friday as U.S. Treasury yields fell slightly and equities ended lower. The 10-basis-point-plus UST rally in the week of Jan. 13 led to slightly more attractive muni-UST ratios as munis lagged, but not for long, said Barclays strategist Mikhail Foux. While UST yields were stable the

Hans Hanf, former head of municipal markets at BAM, was remembered by friends and colleagues. Hans Hanf, former head of municipal markets at BAM, whose career in municipal finance spanned nearly half a century, died on Jan. 22.  He was 76. Hanf’s friends and colleagues remembered him as someone who could effortlessly bring people together.

PREPA bondholders told the Puerto Rico Energy Bureau rates must be set to cover outstanding bond principal and interest. The Puerto Rico Oversight Board and bondholders of the Puerto Rico Electric Power Authority are engaged in a potentially high stakes argument over how electric rates should be set, which could profoundly impact bondholders’ recovery. The

Warren “Bo” Daniels will lead the meeting as chair of the MSRB board. MSRB Ongoing work to potentially simplify the submission process for new issue disclosure and discussion of dealer supervisory obligations given changing work patterns will be among the topics on deck at the Municipal Securities Rulemaking Board’s upcoming quarterly board meeting. The MSRB’s

Nevada Gov. Joe Lombardo sparked a budget firestorm ahead of the legislative session by proposing a budget with a deficit and naming a new budget chief. Nevada Gov. Joe Lombardo replaced his budget chief just days before Nevada lawmakers convene on Feb. 3 for their regular legislative session, where they will discuss the governor’s budget