| Government Securities Prices | 10-year: 99 22/32 to yield 1.78, down 12/32 30-year: 102 10/32 to yield 2.88, down 120/32 |
|---|---|
| Municipal Bond Index | 126 2/32, down 16/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 05/23) | Total: $9.606 billion, down $2.099 billion Competitive: $2.751 billion, down $1.523 billion Negotiated: $6.855 billion, down $576.2 million |
| The MuniCenter List | Offering total: $10.632 billion, up $307.3 million |
The new-issue calendar is led by Washington with $1.3 billion of GOs selling by competitive bid in three series.
A trio of current and former Alaska lawmakers presented views differing from the governor's on how to solve the state's budget red ink.
Kutak Rock warns tax attorneys about the Internal Revenue Service doing compliance checks as opposed to formal audits on certain multifamily bond issues as tax season is expected to add more stress to an understaffed agency.
The rating agency cited weak operating results and high leverage.
Piper Sandler will price $100 million of electric revenue bonds for Iowa public utility Muscatine Power and Water on Wednesday.
Longer-term bonds could ease financial pressure for Sound Transit's $54 billion long-range plans.
