The Federal Open Market Committee
The Fed will use overnight reverse repurchase agreement facility and other supplementary tools "as needed."
The Federal Open Market Committee
The Fed will use overnight reverse repurchase agreement facility and other supplementary tools "as needed."
"The industry is built on relationships, and it's powered by technology," said Josh Rosenblum, head of algorithmic trading at Brownstone.C
The $684 million turnpike deal is one of a spate of recent forward delivery deals driven by interest rate uncertainties.
There are nearly 30 new-issues over $100 million on tap across the credit spectrum, led by the week's largest negotiated deal from Harris County, Texas, with $950 million of toll road first lien revenue and refunding bonds. The competitive calendar ticks up with several high-grade names.
The number of rural hospitals in the red jumped by 7% in 2023. A Senate Finance Committee discussed aid to help them stay afloat.
Possible solutions include managed lanes, EV mileage fees, and higher registration fees.
The median time for issuers in all municipal bond sectors to produce audited financials rose nearly 10.5% from 2011 to 2022, according to a new report.