Jun. 3, 2013 | |||||
Northeast: Plain/Insured GO Yield Curve* | |||||
State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
---|---|---|---|---|---|
Connecticut | Aa3/AA/AA | 0.24 | 1.12 | 2.37 | 3.49 |
Delaware | Aaa/AAA/AAA | 0.2 | 0.93 | 2.07 | 3.22 |
Maine | Aa2/AA/AA | 0.21 | 1 | 2.19 | 3.35 |
Maryland | Aaa/AAA/AAA | 0.2 | 0.94 | 2.07 | 3.22 |
Massachusetts | Aa1/AA+/AA+ | 0.23 | 1.05 | 2.27 | 3.43 |
New Hampshire | Aa1/AA/AA+ | 0.2 | 0.99 | 2.14 | 3.27 |
New Jersey | Aa3/AA+/AA+ | 0.25 | 1.14 | 2.35 | 3.54 |
New York | Aa2/AA/AA | 0.21 | 1.03 | 2.24 | 3.45 |
Pennsylvania | Aa2/AA/AA+ | 0.21 | 1.08 | 2.32 | 3.45 |
Rhode Island | Aa2/AA/AA | 0.3 | 1.24 | 2.47 | 3.67 |
Vermont | Aaa/AA+/AAA | 0.2 | 0.96 | 2.12 | 3.24 |
Dist. of Columbia | Aa2/A+/AA+ | 0.35 | 1.26 | 2.47 | 3.62 |
Puerto Rico | Baa3/BBB+/BBB+ | 2.1 | 3.94 | 5.07 | 5.47 |
-
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.
6h 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.
6h ago -
It's a time of change, challenge and opportunity in the infrastructure and P3 space, Patrick Harder said.
8h ago -
The meeting was attended by trade organizations, MSRB board leadership, Finance Committee members and MSRB senior staff.
8h 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.
9h 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.
10h ago