| Government Securities Prices | 10-year: 100 24/32 to yield 2.66, down 4/32 30-year: 100 16/32 to yield 3.60, unch |
|---|---|
| Municipal Bond Index | 117 6/32, up 3/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 03/03) | Total: $5.734 billion, down $1.530 billion Competitive: $1.971 billion, up $181.5 million Negotiated: $3.762 billion, down $1.711 billion |
| The MuniCenter List | Offering total: $8.891 billion, up $426.0 million |
"I want us to be forward-thinking about how we regulate, " said Chilton, whose term as board chair began Oct. 1.
The rating agency, which switched its outlook to stable from positive last year, went back to positive due to reduced risks in DFW's massive capital program.
The drought-prone Texas city's $300 million utility system bond issue comes to market after rainfall and ongoing projects boosted water supplies.
Washington, D.C.'s chief financial officer released a good news-bad news revenue forecast for the city while President Trump works on several controversial renovation projects.
Many investors go into the end of the year trying to catch up on tax-loss harvesting, but some analysts say market participants should be doing this year-round.
J.P. Morgan is scheduled to price the deal as municipal issuers confront shifting interest rates, secondary market supply, and evolving investor sentiment.
