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Texas anti-boycott laws still weighing on muni underwriters

Texas anti-boycott laws still weighing on muni underwriters
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Munis steady after July jobs report

Munis steady after July jobs report
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Taxable muni issuance falls, but sector outperforms tax-exempts

Taxable municipal issuance has decreased 40.9% year-over-year, but returns so far in 2023 are outperforming tax-exempts and high-yield.

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Texas committee drops appropriation for winter storm utility debt

The state House Appropriations Committee dropped $3.86 billion from a supplemental spending bill, but its chair said the money is "still in play."

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Natural gas securitization deal arrives two years after Texas winter storm

The much-delayed $3.5 billion deal has an optional limited make-whole redemption if state lawmakers appropriate funds to defray costs for natural gas customers.

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