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Bond Buyer Indexes Strengthen For a Second Week
The Bond Buyer Indexes strengthened for the week ending Aug. 21.
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A $235 million advance refunding of Utah general obligation bonds could be sidelined by falling Treasury rates, according to state Treasurer Richard K. Ellis.  more »
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Wilmington Trust, an institutional client services and wealth advisory firm, has expanded its corporate trust business in its Boston office with the addition of three industry veterans from BNY Mellon.  more »
Bond Buyer Markets Reporter Kate Smith
In a market starved for supply, yields have tightened to the point where sector differentiation has all but disappeared, leaving investors with risky investments and no reward.  more »

Issuance of municipal MSA tobacco bonds by states was the subject of a highly critical article published by ProPublica. The article attempts to make a case that states erred in deciding to issue tobacco bonds. The article was widely circulated across social media. As we frequently observe, the national media focus on the muni market is appreciated, but the facts got muddied in the pursuit of a good story.

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