GO Yield Curve

October 15, 2012, 1:00 a.m. EDT 1 Min Read

State	Ratings	One-Year	Five-Year	10-Year	30-Year
Oct. 15, 2012
Northeast: Plain/Insured GO Yield Curve*
Connecticut	Aa3/AA/AA	0.23	0.82	1.98	3.11
Delaware	Aaa/AAA/AAA	0.2	0.63	1.7	2.86
Maine	Aa2/AA/AA+	0.21	0.73	1.86	2.96
Maryland	Aaa/AAA/AAA	0.2	0.63	1.7	2.86
Massachusetts	Aa1/AA+/AA+	0.22	0.78	1.91	3.08
New Hampshire	Aa1/AA/AA+	0.2	0.68	1.76	2.91
New Jersey	Aa3/AA+/AA+	0.25	0.84	2.03	3.21
New York	Aa2/AA/AA	0.23	0.69	1.9	3.09
Pennsylvania	Aa2/AA/AA+	0.22	0.77	1.91	3.07
Rhode Island	Aa2/AA/AA	0.3	0.99	2.21	3.37
Vermont	Aaa/AA+/AAA	0.21	0.65	1.72	2.88
Dist. of Columbia	Aa2/A+/AA+	0.35	0.95	2.13	3.29
Puerto Rico	Baa1/BBB/BBB+	1	2.83	4.45	5.06

MORE FROM BOND BUYER

Primary bond market

Muni AAA yields are at highs for year

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.

By Jessica Lerner

April 17
Buy side

Growing federal debt has negative knock-on effects for munis

The growing federal debt level may pressure lawmakers to retract or reduce the tax-exemption for munis to generate revenue, some market participants argue.

By Robert Slavin

April 17
Career moves

Norton Rose hires P3 expert Patrick Harder from Nossaman

It's a time of change, challenge and opportunity in the infrastructure and P3 space, Patrick Harder said.

By Caitlin Devitt

April 17
Washington DC

MSRB holds second stakeholder meeting on budget process

The meeting was attended by trade organizations, MSRB board leadership, Finance Committee members and MSRB senior staff.

By Connor Hussey

April 17
Washington DC

FEMA requests additional $9 billion for disaster relief fund

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.

By Connor Hussey

April 17
Washington DC

SEC wins case against Rochester MAs over conflicts of interest disclosure

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.

By Connor Hussey

April 17