| Jun. 23, 2015 | |||||
| Southwest: Plain/Insured GO Yield Curve* | |||||
| State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
|---|---|---|---|---|---|
| Arizona | Aa3/AA+/NR | 0.36 | 1.63 | 2.57 | 3.58 |
| Arkansas | Aa1/AA/NR | 0.31 | 1.53 | 2.41 | 3.4 |
| Colorado | Aa1/AA/NR | 0.31 | 1.56 | 2.45 | 3.48 |
| Kansas | Aa1/AA+/NR | 0.29 | 1.56 | 2.45 | 3.44 |
| New Mexico | Aaa/AA+/NR | 0.29 | 1.51 | 2.36 | 3.38 |
| Oklahoma | Aa2/AA+/AA+ | 0.33 | 1.59 | 2.47 | 3.48 |
| Texas | Aaa/AAA/AAA | 0.33 | 1.53 | 2.43 | 3.42 |
| Utah | Aaa/AAA/AAA | 0.29 | 1.45 | 2.27 | 3.26 |
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.
With the Bipartisan Infrastructure Law funding sunsetting at the end of the month, the American Public Transportation Association is staging a fly-in to lobby for advance appropriations.
Chicago will be a regional water supplier, and its water could draw the next Great Migration, Department of Water Management Commissioner Randy Conner said.
