| Government Securities Prices | 10-year: 97 20/32 to yield 2.39, down 1/32 30-year: 97 31/32 to yield 3.10, up 4/32 |
|---|---|
| Municipal Bond Index | 122 9/32, up 4/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 06/15) | Total: $11.029 billion, up $21.9 million Competitive: $3.081 billion, up $189.3 million Negotiated: $7.948 billion, down $167.5 million |
| The MuniCenter List | Offering total: $12.116 billion, up $26.0 million |
"We welcome the SEC's approval of the amendments to Rule G-27 as we continue the ongoing retrospective rule review process and look for ways to provide more flexibility in a changing work environment," MSRB's Ernesto Lanza said.
The American Society of Civil Engineers lowered its infrastructure grade for North Carolina to C-minus this year from C; three other Southeast states improved.
Chicago made the second half of its supplemental pension payment, fulfilling a budgetary pledge and assuaging concerns of aldermen and rating agencies.
Market participants broadly expected a rate hike, but the FOMC statement and press conference both rang more hawkish than what the markets probably anticipated, said Chris Brigati, managing director and CIO at SWBC.
A U.S. Appeals Court for the Tenth Circuit ruling vacated a lower court's permanent injunction against a project to expand the Gross Reservoir.
Fitch Ratings revised its outlook to stable from negative on the Corpus Christi utility and S&P removed it from CreditWatch with negative implications.
