| May. 8, 2015 | |||||
| Far West: Plain/Insured GO Yield Curve* | |||||
| State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
|---|---|---|---|---|---|
| Alaska | Aaa/AAA/AAA | 0.2 | 1.42 | 2.29 | 3.23 |
| California | Aa3/A/A | 0.23 | 1.47 | 2.54 | 3.54 |
| Hawaii | Aa2/AA/AA | 0.24 | 1.51 | 2.42 | 3.38 |
| Idaho | Aa1/AA+/AA+ | 0.2 | 1.48 | 2.4 | 3.37 |
| Montana | Aa1/AA/AA+ | 0.2 | 1.47 | 2.41 | 3.39 |
| Nevada | Aa2/AA/AA+ | 0.26 | 1.56 | 2.46 | 3.44 |
| Oregon | Aa1/AA+/AA+ | 0.2 | 1.43 | 2.32 | 3.32 |
| Washington | Aa1/AA+/AA+ | 0.23 | 1.53 | 2.46 | 3.46 |
| Wyoming | NR/AAA/NR | 0.2 | 1.46 | 2.32 | 3.28 |
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Federal Reserve guidance will likely continue to support the long end, MMD's Kevin McGuigan said, but "investors need to be cautious about extending duration right now, given that a lot of the pressure on the long end has been the result of supply concerns."
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Burton brings 35 years of municipal sales experience, most recently at Cantor Fitzgerald.
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Since 2021, 223 mutual fund-to-ETF conversions have been completed, including 24 involving munis, according to Morningstar data.
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With more than 25 years in executive leadership in Texas public education, Rees will develop bond underwriting opportunities in the state, a Stephens statement said.
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