| Government Securities Prices | 10-year: 100 8/32 to yield 2.72, down 11/32 30-year: 101 12/32 to yield 3.55, down 18/32 |
|---|---|
| Municipal Bond Index | 118 7/32, down 2/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 03/31) | Total: $6.239 billion, down $42.2 million Competitive: $1.158 billion, up $54.1 million Negotiated: $5.082 billion, down $96.3 million |
| The MuniCenter List | Offering total: $7.873 billion, down $264.5 million |
Muni investors' fears for the economy and war were overpowered by their fear of missing out, said Peter Delahunt, head of the municipal bond department at StoneX.
The center provides research, training and outreach on state and local governments' public money decisions.
Leases backing many of the bonds are scheduled to expire before the debt is fully repaid, Moody's warned.
The muni market will also receive $28 billion of principal and interest set to be paid to investors Thursday, according to CreditSights.
The SEC would have a hard time "proving even one, let alone all, of the requirements necessary for 'control person liability,'" one the JPAs said.
Recent property tax reforms in Indiana and Missouri are starting to impact school districts and local governments in those states.
