Enjoy complimentary access to top ideas and insights — selected by our editors. Remembered for his positive and cheerful attitude and willingness to pitch in wherever needed, retired Bond Buyer reporter and municipal market fixture Harold “Chip” Walter George Barnett, Jr. died on Monday. He was 67. Barnett suffered from pulmonary fibrosis, “a disease related

Municipals were little changed Thursday as U.S. Treasuries were weaker out long and equities were off after a hotter-than-expected inflation report. The two-year muni-to-Treasury ratio Thursday was at 61%, the three-year at 61%, the five-year at 62%, the 10-year at 67% and the 30-year at 84%, according to Refinitiv Municipal Market Data’s 3 p.m. EST

Chattanooga, Tennessee, plans to price $80 million of bonds for a minor league baseball stadium that is pitched as the key to reviving a bedraggled part of the city. The Sports Authority of the County of Hamilton and City of Chattanooga, Tennessee will price $64.5 million in tax-exempt and $15.3 million in taxable bonds Oct.

The Puerto Rico Oversight Board and the bondholders opposed to the proposed plan of adjustment remain far apart, according to disclosures on the EMMA web site Tuesday night. U.S. District Court Judge Laura Taylor Swain earlier this week extended the bankruptcy stay and set a Dec. 11 omnibus hearing to hear the opposing bond parties’

Municipals were weaker Tuesday with the largest losses out long while U.S. Treasuries saw narrow gains on the day and equities ended up. Triple-A yields rose by up to five basis points, depending on the scale, while USTs saw yields flat or lower by a basis point or two. The two-year muni-to-Treasury ratio Tuesday was

An ongoing investigation into overcharging on San Diego’s state route 125 toll road found implementation of the back-office system encountered problems from the onset, and San Diego Association of Governments’ executive management failed to address the situation in a timely manner, including informing the board of directors. SANDAG’s independent performance auditor released two investigations Monday

The University of Arizona heads to the municipal bond market this week with its first bond issue since financial troubles led to negative rating outlooks from Moody’s Ratings and S&P Global Ratings. The $115.645 million of Stimulus Plan for Economic and Educational Development, or SPEED, revenue bonds issued through the Arizona Board of Regents will

Investors will have a chance to buy New York City’s third-ever social-labeled general obligation bonds this week. Comptroller Brad Lander said he has high hopes for the taxable $1.5 billion deal despite the awkwardness of Mayor Eric Adams’ recent federal criminal indictment on bribery charges.  “[The credit rating agencies] have reported they believe the city’s

Texas Capital is expanding its public finance team with the addition of five industry professionals, the Dallas-based financial services firm announced Friday. The public finance business was launched in May with the hiring of Steve Genyk, a former public finance head at UBS, as a managing director. The move came as the ranks of underwriters

U.S. Treasuries sold off Friday after payrolls came in much hotter than expected, leading economists and traders to pare back rate cut expectations. The municipal market could not ignore the moves and triple-A yields rose, but outperformed taxables to a large extent, pushing ratios lower. Equities rallied on the news, pushing the Dow to close