| Government Securities Prices | 10-year: 104 1/32 to yield 3.14, up 6/32 30-year: 107 16/32 to yield 4.30, down 2/32 |
|---|---|
| Municipal Bond Index | 109 7/32, up 1/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 05/10) | Total: $8.488 billion, up $570.5 million Competitive: $2.572 billion, up $71.1 million Negotiated: $5.917 billion, up $499.4 million |
| The MuniCenter List | Offering total: $8.234 billion, up $1.624 billion |
In a move that kicks the can down the road at the very least, the Commission has begun a process that often results in outright rejection.
The 2022 law, which has so far banned three major investment banks from underwriting municipal bonds in Oklahoma, could be amended to limit its reach to state agencies.
The SEC has won a partial victory against Choice Advisors and its principal Matthias O'Meara for their role in acting as unregistered brokers and for engaging in a fee-splitting arrangement.
The trio have decades of experience in high yield and investment grade portfolios and will launch new high-yield investment strategies and vehicles for Rockefeller.
"The rating action reflects our view of MIA's substantial demand, which surpasses pre-pandemic activity, and its leadership in enplanement growth for large hub airports since the fiscal 2019 peak," said S&P's Nora Wittstruck.
A state ban on bond underwriters that "boycott" or "discriminate" against the fossil fuel or firearms industries has resulted in fewer banks providing municipal financial products and services.
