Apr. 25, 2012 | |||||
Midwest: Plain/Insured GO Yield Curve* | |||||
State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
---|---|---|---|---|---|
Illinois | A2/A+/A+ | 0.67 | 2.26 | 3.45 | 4.51 |
Indiana | Aaa/AAA/AA+ | 0.25 | 0.97 | 2.03 | 3.43 |
Iowa | Aaa/AAA/AAA | 0.25 | 0.97 | 2.03 | 3.43 |
Michigan | Aa2/AA/AA+ | 0.35 | 1.21 | 2.38 | 3.78 |
Minnesota | Aa1/AA+/AA+ | 0.21 | 0.84 | 1.89 | 3.26 |
Missouri | Aaa/AAA/AAA | 0.2 | 0.81 | 1.85 | 3.25 |
Nebraska | NR/AAA/AA+ | 0.33 | 1.02 | 2.08 | 3.46 |
North Dakota | Aa1/AA+/NR | 0.25 | 0.98 | 2.08 | 3.48 |
Ohio | Aa1/AA+/AA+ | 0.28 | 1.08 | 2.17 | 3.58 |
South Dakota | NR/AA+/NR | 0.36 | 1.09 | 2.13 | 3.51 |
Wisconsin | Aa2/AA/AA | 0.25 | 0.99 | 2.14 | 3.54 |
-
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.
3h 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.
3h ago -
It's a time of change, challenge and opportunity in the infrastructure and P3 space, Patrick Harder said.
5h ago -
The meeting was attended by trade organizations, MSRB board leadership, Finance Committee members and MSRB senior staff.
5h 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.
6h 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.
7h ago