State of Texas

June 2, 2020 10:33 AM

Sales tax collections fell 13.2% compared to the same month last year, the steepest decline since January 2010

2 Min Read
consumer confidence
Chip Barnett
April 28, 2020 1:58 PM

Pessimism about the economic situation in the United States continues to affect the way consumers view the economy and their financial position.

4 Min Read
April 20, 2020 2:39 PM

Sales taxes are a pillar of the Texas state budget, and the usually stable revenue source has taken a hit from the COVID-19 pandemic.

5 Min Read
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Aaron Weitzman
March 31, 2020 2:02 PM

Municipal bond issuance was $67.88 billion after the first two months of 2020 and was on pace to easily eclipse the $400 billion mark — then COVID-19 completely turned the market upside down.

7 Min Read
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Aaron Weitzman
March 11, 2020 3:49 PM

The municipal market was hammered Wednesday by the COVID-19 pandemic with a more than quarter point correction in AAA benchmarks, issuers pulling deals off the shelves and more reports of pricing and evaluation confusion.

8 Min Read
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Aaron Weitzman
March 6, 2020 4:05 PM

As fear and uncertainty over COVID-19 rapidly grow, it has sent yields for both municipals and Treasuries to never before seen low levels — begging the question if we could see zero or negative yields here in the States?

9 Min Read
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Aaron Weitzman
March 5, 2020 3:35 PM

The world remains on edge about the rapidly spreading COVID-19 and those fears once again have Treasury yields digging down even deeper. COVID-19 fears have now impacted fund flows, as municipals suffers outflows for the first time in 60 weeks.

7 Min Read
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Aaron Weitzman
March 4, 2020 3:57 PM

It was a busy day in the primary, as the markets continue to deal with crosscurrents of COVID-19 and election results.

8 Min Read
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Aaron Weitzman
March 2, 2020 3:24 PM

The municipal bond market is in for another action-packed week, with above-average issuance and COVID-19 still spreading rapidly.

3 Min Read
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Aaron Weitzman
February 28, 2020 2:34 PM

Taxable bonds and COVID-19 are two of the main catalysts that helped February municipal bond volume ascend to its highest level since at least 1986.

4 Min Read