Jan. 20, 2011 | |||||
Southeast: Plain/Insured GO Yield Curve* | |||||
State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
---|---|---|---|---|---|
Virginia | Aaa/AAA/AAA | 0.35 | 1.87 | 3.44 | 5 |
Georgia | Aaa/AAA/AAA | 0.37 | 1.89 | 3.46 | 5.02 |
North Carolina | Aaa/AAA/AAA | 0.38 | 1.9 | 3.47 | 5.02 |
South Carolina | Aaa/AA+/AAA | 0.39 | 1.91 | 3.48 | 5.03 |
Tennessee | Aaa/AA+/AAA | 0.37 | 1.91 | 3.5 | 5.05 |
Kentucky | Aa1/AA+/AA | 0.49 | 2.14 | 3.81 | 5.32 |
West Virginia | Aa2/AA/AA | 0.47 | 2.09 | 3.81 | 5.27 |
Alabama | Aa1/AA/AA+ | 0.49 | 2.11 | 3.76 | 5.3 |
Mississippi | Aa2/AA/AA+ | 0.51 | 2.16 | 3.78 | 5.29 |
Florida | Aa1/AAA/AAA | 0.52 | 2.24 | 3.91 | 5.4 |
Louisiana | Aa2/AA+/AA | 0.5 | 2.25 | 3.89 | 5.42 |
-
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.
27m 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.
52m ago -
It's a time of change, challenge and opportunity in the infrastructure and P3 space, Patrick Harder said.
2h ago -
The meeting was attended by trade organizations, MSRB board leadership, Finance Committee members and MSRB senior staff.
2h 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