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North Carolina Gov. Roy Cooper is leading a state delegation to Japan next week to attend the Southeastern United States/Japan (SEUS/Japan) economic development conference in Tokyo. The trip, from Oct. 11 to 15, aims to entice businesses to move to the state. The delegation will also meet with officials and business leaders. “Japan is a

Enjoy complimentary access to top ideas and insights — selected by our editors. Peter Hayes, one of the most well-known and influential people in the municipal bond industry, plans to relax and enjoy life with his family and friends after he retires early next year. “I’ll be 65 next year — and I didn’t think

The largest health-care strike in U.S. history hit Kaiser Permanente Wednesday, putting investors who buy and sell hospital bonds on edge as an industry that’s already experienced more than its share of distress struggles to stabilize financially. Kaiser has almost $4 billion in outstanding municipal-bond debt, according to Bloomberg data, including $1 billion in so-called

The muni market may be several years away from fully integrating artificial intelligence, but firms are taking small steps already. “AI is a big deal if you want to personalize your approach, differentiate your products,” James Pruskowski, chief investment officer of 16Rock Asset Management, said during MuniTech NYC, a conference hosted by Munichain and Spline

A year after it was launched, the U.S. Conference of Mayor’s public-private partnership task force held its inaugural roundtable conference this week in Atlanta. “Our first public-private partnerships council meeting laid the groundwork for our objectives in the years to come,” said Atlanta Mayor Andre Dickens, who was tapped last year to head up the council.

Texas’ coffers will continue to overflow, with a nearly $18.3 billion balance projected at the end of the current biennium, according to a state revenue estimate released Thursday. State Comptroller Glenn Hegar said while the legislature approved $176.28 billion in general-purpose spending for the fiscal 2024-25 biennium that began Sept. 1, his office estimates revenue

Municipals were steady Thursday while the final large deals of the week priced in the primary. U.S. Treasuries were mostly firmer and equities were in the red ahead of the Friday payrolls data release. “The last labor market reading before the [non-farm payrolls] report provided another reminder that the labor market is still strong,” said

An attorney for a Puerto Rico Electric Power Authority bondholders group raised concerns Wednesday about an Oversight Board mailing to bondholders asking them to support its plan of adjustment, which would result in them getting a better deal than non-supporting bondholders. PREPA Ad Hoc Group attorney Eric Brunstad Jr. said at Wednesday’s Puerto Rico omnibus

Munis were slightly firmer in spots Wednesday with more of the focus on the primary, including a large taxable California general obligation bond sale in the competitive market, while U.S. Treasuries were better and equities ended the session up. The Investment Company Institute Wednesday reported investors pulled $2.407 billion from municipal bond mutual funds in

Munis were weaker Tuesday, but outperformed a U.S. Treasury selloff. Equities sold off as well. Triple-A yields rose anywhere from two to eight basis points while UST saw yields rise by as much as 13 basis points out long. The two-year muni-to-Treasury ratio Tuesday was at 72%, the three-year was at 72%, the five-year at