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Municipals were little changed with a softer tone Thursday while municipal bond mutual funds saw a drop in inflows to $408 million and high yield saw its first outflows since March 3. For 30 straight weeks, investors put cash into municipal bond funds although their confidence may be waning, according to data released Thursday. Refinitiv
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As executive vice president and chief financial officer of Pittsburgh International Airport, Eric Sprys knows of the city’s dark industrial days. “I hear those stories all the time,” he said. Now the airport itself is the latest example of Pittsburgh’s modernization. It is scheduled to break ground Oct. 14 for its $1.4 billion 700,000-square-foot terminal.
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