| Government Securities Prices | 10-year: 105 6/32 to yield 1.67, up 27/32 30-year: 116 9/32 to yield 2.25, up 21/32 |
|---|---|
| Municipal Bond Index | 129 19/32, up 12/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 02/02) | Total: $12.067 billion, down $176.7 million Competitive: $4.441 billion, up $128.2 million Negotiated: $7.626 billion, down $304.9 million |
| The MuniCenter List | Offering total: $9.141 billion, down $1.054 billion |
In an unusually competitive election season in the GOP dominated Lone Star State, candidate platforms include moves that could impact state and local finances.
Bondholders agreed to extend the lender longstop date, giving developers more time to test the LAX SkyLink project and avoiding an imminent technical default.
The long end of the curve has stabilized at very attractive yields, according to CreditSights' Pat Luby, inviting insurance companies and banks into the negotiated market.
"The regulatory environment has become increasingly complex and overwhelming for smaller firms," said Sycamore Advisors LLC president Diana Hamilton.
U.S. Secretary of Transportation Sean Duffy says the loan will allow the long-sought bridge and Bayway project to be built.
Data centers are expected to produce $1.3 billion in tax revenue for Loudoun County this year, but opponents say the exemptions are costing much more than the property taxes they are generating.
