Aug. 12, 2010 | |||||
Southeast: Plain/Insured GO Yield Curve* | |||||
State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
---|---|---|---|---|---|
Virginia | Aaa/AAA/AAA | 0.24 | 1.25 | 2.5 | 3.9 |
Georgia | Aaa/AAA/AAA | 0.25 | 1.26 | 2.51 | 3.91 |
North Carolina | Aaa/AAA/AAA | 0.25 | 1.26 | 2.52 | 3.91 |
South Carolina | Aaa/AA+/AAA | 0.27 | 1.28 | 2.53 | 3.92 |
Tennessee | Aaa/AA+/AAA | 0.27 | 1.28 | 2.54 | 3.93 |
West Virginia | Aa2/AA/AA | 0.35 | 1.44 | 2.74 | 4.16 |
Alabama | Aa1/AA/AA+ | 0.37 | 1.46 | 2.78 | 4.19 |
Mississippi | Aa2/AA/AA+ | 0.39 | 1.53 | 2.83 | 4.18 |
Florida | Aa1/AAA/AAA | 0.29 | 1.56 | 2.83 | 4.24 |
Kentucky | Aa1/AA+/AA | 0.42 | 1.53 | 2.81 | 4.23 |
Louisiana | Aa2/AA+/AA | 0.43 | 1.51 | 2.86 | 4.23 |
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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.
11h 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.
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It's a time of change, challenge and opportunity in the infrastructure and P3 space, Patrick Harder said.
April 17 -
The meeting was attended by trade organizations, MSRB board leadership, Finance Committee members and MSRB senior staff.
April 17 -
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.
April 17 -
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.
April 17