Mar. 25, 2013 | |||||
Northeast: Plain/Insured GO Yield Curve* | |||||
State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
---|---|---|---|---|---|
Connecticut | Aa3/AA/AA | 0.24 | 1.03 | 2.24 | 3.37 |
Delaware | Aaa/AAA/AAA | 0.2 | 0.86 | 1.95 | 3.1 |
Maine | Aa2/AA/AA | 0.21 | 0.93 | 2.07 | 3.23 |
Maryland | Aaa/AAA/AAA | 0.2 | 0.87 | 1.95 | 3.1 |
Massachusetts | Aa1/AA+/AA+ | 0.23 | 1.04 | 2.19 | 3.31 |
New Hampshire | Aa1/AA/AA+ | 0.2 | 0.92 | 2.02 | 3.15 |
New Jersey | Aa3/AA+/AA+ | 0.27 | 1.11 | 2.28 | 3.45 |
New York | Aa2/AA/AA | 0.23 | 0.97 | 2.15 | 3.35 |
Pennsylvania | Aa2/AA/AA+ | 0.23 | 1.05 | 2.19 | 3.32 |
Rhode Island | Aa2/AA/AA | 0.3 | 1.17 | 2.35 | 3.55 |
Vermont | Aaa/AA+/AAA | 0.2 | 0.89 | 2 | 3.12 |
Dist. of Columbia | Aa2/A+/AA+ | 0.35 | 1.19 | 2.35 | 3.5 |
Puerto Rico | Baa3/BBB+/BBB+ | 1.7 | 3.47 | 4.9 | 5.4 |
-
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.
10h 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.
11h ago -
It's a time of change, challenge and opportunity in the infrastructure and P3 space, Patrick Harder said.
April 17 -
The meeting was attended by trade organizations, MSRB board leadership, Finance Committee members and MSRB senior staff.
April 17 -
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.
April 17 -
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.
April 17