| Government Securities Prices | 10-year: 104 29/32 to yield 2.55, down 10/32 30-year: 109 17/32 to yield 3.84, down 217/32 |
|---|---|
| Municipal Bond Index | 115 25/32, down 1/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 08/08) | Total: $6.491 billion, up $1.387 billion Competitive: $2.480 billion, up $689.5 million Negotiated: $4.011 billion, up $697.8 million |
| The MuniCenter List | Offering total: $6.701 billion, down $1.209 billion |
The new-issue calendar is led by Washington with $1.3 billion of GOs selling by competitive bid in three series.
A trio of current and former Alaska lawmakers presented views differing from the governor's on how to solve the state's budget red ink.
Kutak Rock warns tax attorneys about the Internal Revenue Service doing compliance checks as opposed to formal audits on certain multifamily bond issues as tax season is expected to add more stress to an understaffed agency.
The rating agency cited weak operating results and high leverage.
Piper Sandler will price $100 million of electric revenue bonds for Iowa public utility Muscatine Power and Water on Wednesday.
Longer-term bonds could ease financial pressure for Sound Transit's $54 billion long-range plans.
