| Government Securities Prices | 10-year: 100 22/32 to yield 3.54, unch 30-year: 103 9/32 to yield 4.43, down 8/32 |
|---|---|
| Municipal Bond Index | 115 17/32, up 1/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 05/12) | Total: $9.858 billion, down $1.036 billion Competitive: $1.681 billion, down $224.4 million Negotiated: $8.176 billion, down $811.2 million |
| The MuniCenter List | Offering total: $10.195 billion, up $650.4 million |
Two rating agencies upgraded Los Angeles Unified School District's bond ahead of multi-billion dollar refunding.
The Basel III Endgame proposal to restructure capital holding levels comes under fire.
Friday price talk for the unrated tax-exempt paper was between 11% and 15%.
The board approved that step at its second quarter board meeting held this week.
The Inflation Reduction Act, affordable housing and clean energy were among the topics discussed at Baker Tilly's DevelUP conference in Chicago this week.
The replacement Hollywood Burbank Airport terminal won't have more gates, but will be less cramped and resolve its noncompliance with FAA safety regulations.
