| Government Securities Prices | 10-year: 104 16/32 to yield 2.97, down 7/32 30-year: 106 21/32 to yield 3.99, down 24/32 |
|---|---|
| Municipal Bond Index | 115 30/32, up 1/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 07/20) | Total: $9.702 billion, down $382.1 million Competitive: $4.420 billion, down $463.1 million Negotiated: $5.282 billion, up $81.0 million |
| The MuniCenter List | Offering total: $7.209 billion, up $581.1 billion |
S&P Global Ratings joined Moody's in assigning a negative outlook to its triple-A rating, but a criteria change pushed Fitch's rating of the city up to AAA.
Inflows returned to muni mutual funds as investors added $200.3 million for the week ending Wednesday after $1.474 billion of outflows, according to LSEG Lipper.
Democratic Gov. Laura Kelly nixed another tax cut bill passed by the Republican-led legislature this year, while pushing a less-costly plan.
It's a big week for the Fortress-backed train company, which refinanced more than $4 billion of debt and broke ground on its West Coast high-speed line.
Photos from The Bond Buyer's Texas Public Finance conference.
The Mayo Clinic is undertaking a $5 billion expansion that may bring new debt as it reconstructs its core Rochester, Minnesota campus.
