| Government Securities Prices | 10-year: 97 14/32 to yield 2.42, down 29/32 30-year: 96 2/32 to yield 3.21, down 126/32 |
|---|---|
| Municipal Bond Index | 121 27/32, down 22/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 07/13) | Total: $12.760 billion, up $234.7 million Competitive: $3.224 billion, up $274.5 million Negotiated: $9.537 billion, down $39.8 million |
| The MuniCenter List | Offering total: $11.664 billion, down $122.1 million |
The municipal market is completely a buyer's market right now, said Kim Olsan, portfolio manager at NewSquare Capital: "I wish I had more cash to put to work."
Public backlash over data centers is affecting political positions in the mid-term elections and inspiring legislation in Loudoun County Va., the acknowledged front line of the debate.
As parties renewed arguments on the administrative expense claim, some judges probed the nature of the bondholders' contribution to PREPA.
Proposed federal grant rules and dwindling aid are among the factors that municipal market participants should be tracking, said panelists at The Bond Buyer's infrastructure conference.
Foley & Judell's Hathorn is to receive this year's Bernard P. Friel Medal while Barnes & Thornburg's Henck is to receive the Frederick O. Kiel Distinguished Service Award.
Joe's introduction to municipal bonds came long before his career began. His parents, who owned a small business, regularly invested in municipal securities.
