Following up on the introduction of a 10-year contract, the Chicago
Like the 10-year vehicle, the new futures contract is being sold to
ABN AMRO Bank has been appointed market maker in the product to enhance
In launching the new contract in June, CBOT said it would ask its board
"The next step for the Board of Trade is to populate the swaps curve,"
The Texas Transportation Finance Corp. leads the new-issue calendar with $1.739 billion of subordinate tier toll revenue and refunding bonds, followed by New York City with $1.5 billion of general obligation bonds.
Federal Reserve Vice Chair Philip Jefferson said Friday that the economic outlook is uncertain and that he was adopting a cautious approach to gauging whether slowing growth and a softening labor market outweigh inflation pressures from tariffs.
Fitch revised its outlook on the AAA-rated southern California to negative. The city is grappling with child sexual abuse claims from hundreds of people against one former employee.
If approved, the $6 billion federal RRIF loan would be "quite positive at this juncture," an investor said.
The CTA's funds have been "put on hold to ensure funding is not flowing via race-based contracting," Office of Management and Budget Director Russell Vought said.
Interactive Brokers said it "promptly addressed the issue that gave rise to the settlement."
