Latest / The Fiscal Policy Podcast with Fexingo: Government Budgets, Stimulus, and Public Spending
Why Governments Still Love Infrastructure Bonds
In this episode of The Fiscal Policy Podcast, Lucas and Luna explore the durable appeal of infrastructure bonds — from the first U.S. railroad bonds in the 1830s to the surge in green infrastructure debt today. They focus on a concrete case: the roughly $300 billion in municipal green bonds issued globally since 2014, and how cities like Los Angeles used them to fund water recycling and solar installations. The discussion digs into why investors accept below-market yields, how ratings agencies evaluate these deals, and whether the current wave of federal infrastructure spending will crowd out…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.