Indicator | Last Report | Forecast | Actual |
---|---|---|---|
Initial Jobless Claims | May 26: 389,000 | June 2: 377,000 | June 2: 377,000 |
Continuing Claims | May 19: 3.259M | May 26: 3.240M | May 26: 3.293M |
Consumer Credit | March: +12.4B | April: +$12.0B | April: +$6.5B |
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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.
25m 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.
50m 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