The effects of higher yields on treasury bonds are cascading down into tax revenue levels that could raise the stakes for state and local governments facing higher bowering costs.
Scott Sowers is a reporter at The Bond Buyer based in the Washington, D.C., Bureau, where he covers ESG issues, cyber-crime, lobbying, and taxation. His expertise extends to various themes including public transportation, government and politics, and real estate, reflecting a strong focus on transportation policy and regulation, as well as finance and personal finance. Scott's work has been featured in notable publications such as The Washington Post, Digital Insurance, and Yahoo Finance.