Jun. 8, 2010 | |||||
Southwest: Plain/Insured GO Yield Curve* | |||||
State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
---|---|---|---|---|---|
Utah | Aaa/AAA/AAA | 0.29 | 1.62 | 2.84 | 4.01 |
New Mexico | Aaa/AA+/NR | 0.33 | 1.69 | 2.95 | 4.21 |
Texas | Aaa/AA+/AAA | 0.34 | 1.77 | 3 | 4.22 |
Colorado | Aa1/AA+/NR | 0.42 | 1.84 | 3.11 | 4.29 |
Arkansas | Aa1/AA/NR | 0.43 | 1.83 | 3.11 | 4.29 |
Oklahoma | Aa2/AA+/AA+ | 0.5 | 1.86 | 3.13 | 4.29 |
Kansas | Aa1/AA+/NR | 0.48 | 2.01 | 3.23 | 4.31 |
Arizona | Aa2/AA/NR | 0.55 | 1.96 | 3.21 | 4.39 |
-
Despite higher yields, muni to UST ratios remain rich. Ratios look "progressively richer" moving into the five- to 10-year part on the curve, with the 10-year spot "still far more attractive in taxables versus tax-exempts," J.P. Morgan said.
2m ago -
The growing federal debt level may pressure lawmakers to retract or reduce the tax-exemption for munis to generate revenue, some market participants argue.
27m ago -
It's a time of change, challenge and opportunity in the infrastructure and P3 space, Patrick Harder said.
1h ago -
The meeting was attended by trade organizations, MSRB board leadership, Finance Committee members and MSRB senior staff.
1h ago -
The Federal Emergency Management Agency is asking for an additional $9 billion for this year in hopes they don't run out of funds in August as they're currently slated to.
3h ago -
The SEC won its case against Richard Ganci and Richard Tortora of Capital Markets Advisors over conflicts of interest present in their fee arrangement in connection to a $119 million offering for the City of Rochester, New York.
4h ago