| Government Securities Prices | 10-year: 99 2/32 to yield 3.49, up 29/32 30-year: 99 8/32 to yield 4.42, up 122/32 |
|---|---|
| Municipal Bond Index | 112 7/32, up 1/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 12/18) | Total: $2.984 billion, down $1.186 billion Competitive: $214.8 million, down $75.5 million Negotiated: $2.769 billion, down $1.111 billion |
| The MuniCenter List | Offering total: $10.296 billion, down $2.204 billion |
Los Angeles Mayor Karen Bass aimed high in her State of the City speech just days before she will release a budget that needs to close a nearly half-billion-dollar deficit.
"We believe in this," Transportation Secretary Pete Buttigieg said.
The firm said Saporito's hiring is among several other additions made to beef up Wells Fargo's commitment to munis.
While Kansas' sales tax and revenue (STAR) bond program recorded its first default late last year, Bonner Springs is considering using it for a development that includes a Mattel toy-themed amusement park.
Brodie Killian has moved to PFM from Stifel Nicholas & Co., joining its Ann Arbor office as a director.
April continues to be "harsh" for munis as the asset class has given up roughly 72 basis points in the first two weeks of the month, said Jason Wong, vice president of municipals at AmeriVet Securities.
