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The Motor City's spread penalties were reduced by more than half compared to its previous sale in October in a deal that was oversubscribed by 20 times.
February 5 -
No rate hikes in sight as employment continues to struggle and inflation should rise this year, but not enough to force the Fed to raise rates.
February 4 -
Joe Geraci, who spent 24 years at Citi, most recently as co-head of the Global Spread Products division, will join investment advisor Old Orchard Capital.
February 4 -
Lumesis' president, COO and co-founder Tim Stevens talks about how AI complements the company’s pricing and scales software to predict the shape of a deal-specific municipal yield curve based on the structural and credit-characteristics and to use that predicted shape to fill-in portions of a yield curve that cannot be built from traditional means. Lynne Funk hosts. (35 minutes).
February 4 -
ICI reports a third week of $3-plus billion of inflows. Couponing is becoming as much a factor in inquiry as credit and issuers move to lower coupons in both competitive and negotiated deals.
February 3 -
Dealers say increased focus on systemic pennying has decreased its activity, while others aren't so sure.
February 3 -
The philanthropic arm of Siebert Williams Shank & Co. announced donations to support Howard University and Spelman College.
February 3 -
The $136 million refunding is also backed by the state's appropriation pledge; a political dispute over how to handle unclaimed property was resolved last year.
February 3 -
Rich ratios focus buyers' eyes on a primary market that simply doesn't have enough supply to keep up with demand.
February 2 -
A Pioneer Institute report cited “a persistent trend” of high-income earners leaving high-tax states for low-tax ones.
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