Government Securities Prices | 10-year: 100 29/32 to yield 1.65, down 18/32 30-year: 104 30/32 to yield 2.76, down 121/32 |
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Municipal Bond Index | 125 21/32, unchanged |
The Bond Buyer's 30-Day Visible Supply (as of 07/02) | Total: $3.559 billion, up $264.1 million Competitive: $1.748 billion, up $311.9 million Negotiated: $1.811 billion, down $47.8 million |
The MuniCenter List | Offering total: $7.672 billion, down $2.121 billion |
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Immigration effects in municipalities are seen as pros and cons
1m ago -
A state judge issued a temporary injunction against enforcement of the Energy Discrimination Elimination Act, which has led to the ban of seven financial firms, including four big municipal bond underwriters, from government contracts.
16m ago -
"One big challenge is the amount of advocates that we've had in Congress that will be retiring or no longer running for re-election," said SIFMA's Leslie Norwood.
1h ago -
Lawmakers in Illinois have proposed legislation to consolidate the Chicago Transit Authority, Metra, Pace and the Regional Transportation Authority.
6h ago -
April's "poor performance" pushed munis further into negative territory, but "despite the poor start to the year, they may still end the year positive," said Cooper Howard, a fixed-income strategist at Charles Schwab.
May 7 -
The driving force behind the trend is the overall strength of the economy, according to Fitch Ratings' Michael Rinaldi. Revenue sources for municipalities, such as sales and property taxes, are doing very well.
May 7