Apr. 28, 2011 | |||||
Southeast: Plain/Insured GO Yield Curve* | |||||
State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
---|---|---|---|---|---|
Virginia | Aaa/AAA/AAA | 0.3 | 1.56 | 2.9 | 4.61 |
Georgia | Aaa/AAA/AAA | 0.34 | 1.6 | 2.94 | 4.63 |
North Carolina | Aaa/AAA/AAA | 0.33 | 1.59 | 2.93 | 4.63 |
South Carolina | Aaa/AA+/AAA | 0.34 | 1.61 | 2.95 | 4.64 |
Tennessee | Aaa/AA+/AAA | 0.32 | 1.59 | 2.93 | 4.63 |
Kentucky | Aa2/AA+/AA | 0.44 | 1.77 | 3.2 | 4.93 |
West Virginia | Aa2/AA/AA | 0.42 | 1.78 | 3.25 | 4.91 |
Alabama | Aa1/AA/AA+ | 0.44 | 1.76 | 3.2 | 4.89 |
Mississippi | Aa2/AA/AA+ | 0.52 | 1.98 | 3.34 | 5.03 |
Florida | Aa1/AAA/AAA | 0.48 | 1.9 | 3.28 | 4.98 |
Louisiana | Aa2/AA+/AA | 0.47 | 1.85 | 3.23 | 4.93 |
-
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.
18m 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.
42m 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.
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