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Concerns about large unrealized losses on bond investments have receded since the spring banking crisis, but the paper losses have started growing again in recent months. The worries today are less about banks' survival — and more about how much their margins will get squeezed.
September 12 -
While supply this week is "softer," uncertainty and volatility may prevail once more due to "yields still not exciting longer-term investors," said Matt Fabian, a partner at Municipal Market Analytics.
September 12 -
Increasing private school enrollment has little to do with falling California public school enrollment, according to the Public Policy Institute of California.
September 12 -
Securities and Exchange Commission chairman Gary Gensler, speaking in front of the Senate Banking Committee, defended his tenure and the 22 rulemaking proposals he's adopted in the last few years.
September 12 -
Labor costs and inflation weigh on hospitals, but improvement may be on the horizon.
September 12 -
The bond issue, which was delayed due to litigation, would be the first debt sold by the turnpike authority for its $5 billion, 15-year toll road program.
September 12 -
Travelers to the Mountain State gave West Virginia a $7 billion boost in 2022, with spending up 17% from pre-pandemic levels, which outpaced the 1% national recovery rate for the tourism industry.
September 12 -
A Wisconsin county has sold more than $200 million of bonds for broadband provider Bug Tussel to provide high-speed internet to rural customers in the state.
September 12 -
AI will be part of a new tax-enforcement effort that will target high-income earners, partnerships, and large corporations.
September 12 -
The avoidance of one of the harsher economic scenarios is good news for banks, which are also contending with tighter profit margins and increasing competition for customers. But loan growth and credit quality could be at risk.
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