May. 29, 2012 | |||||
Southwest: Plain/Insured GO Yield Curve* | |||||
State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
---|---|---|---|---|---|
Arizona | Aa3/AA-/NR | 0.36 | 1.04 | 2.13 | 3.44 |
Arkansas | Aa1/AA/NR | 0.28 | 0.93 | 2.04 | 3.33 |
Colorado | Aa1/AA/NR | 0.28 | 0.92 | 2.06 | 3.35 |
Kansas | Aa1/AA+/NR | 0.25 | 0.92 | 2.07 | 3.38 |
New Mexico | Aaa/AA+/NR | 0.25 | 0.9 | 2.03 | 3.33 |
Oklahoma | Aa2/AA+/AA+ | 0.26 | 0.96 | 2.11 | 3.42 |
Texas | Aaa/AA+/AAA | 0.24 | 0.92 | 2.01 | 3.32 |
Utah | Aaa/AAA/AAA | 0.2 | 0.77 | 1.84 | 3.14 |
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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.
April 17 -
The growing federal debt level may pressure lawmakers to retract or reduce the tax-exemption for munis to generate revenue, some market participants argue.
April 17 -
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