The firm's system lets cities and localities auction loans, allowing a wide group of investors to bid.
Most independent schools were able to reopen, even as public schools struggled to bring students back.
An elite New Jersey boarding school is hitting the $4 trillion municipal-bond market.
Education-related bonds make up about $340 billion of the muni market.
Debe Trachtenberg has been a pioneer for women on bond-trading desks.
The municipal junk-bond boom is roaring back.
Money flowing into state and local debt is providing a cushion to municipal bonds as Treasurys drop.
The nearly $200 billion being earmarked to state governments goes beyond a rescue.
Governors in more than six states are taking steps to help small businesses or residents thrown out of work.
The pandemic hit states and cities, but not as much as feared.
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