| Jan. 25, 2016 | |||||
| Northeast: Plain/Insured GO Yield Curve* | |||||
| State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
|---|---|---|---|---|---|
| Connecticut | Aa3/AA/AA | 0.52 | 1.32 | 2.12 | 3.18 |
| Delaware | Aaa/AAA/AAA | 0.43 | 1.01 | 1.71 | 2.7 |
| Maine | Aa2/AA/AA | 0.46 | 1.07 | 1.81 | 2.81 |
| Maryland | Aaa/AAA/AAA | 0.45 | 1.05 | 1.75 | 2.71 |
| Massachusetts | Aa1/AA+/AA+ | 0.48 | 1.1 | 1.85 | 2.86 |
| New Hampshire | Aa1/AA/AA+ | 0.46 | 1.05 | 1.77 | 2.8 |
| New Jersey | A2/A/A | 0.8 | 1.73 | 2.61 | 3.61 |
| New York | Aa1/AA+/AA+ | 0.45 | 1.03 | 1.78 | 2.87 |
| Pennsylvania | Aa3/AA+/AA+ | 0.65 | 1.36 | 2.22 | 3.19 |
| Rhode Island | Aa2/AA/AA | 0.53 | 1.27 | 2.07 | 3.06 |
| Vermont | Aaa/AA+/AAA | 0.45 | 1.04 | 1.74 | 2.72 |
| Dist. of Columbia | Aa1/AA/AA | 0.49 | 1.11 | 1.86 | 2.9 |
| Puerto Rico | Caa3/CC/CC | 12.95 | 13.53 | 11.32 | 8.56 |
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Rodriguez previously worked at Janney Montgomery Scott, where she was a managing director and head of Texas public finance.
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Provisions in the One Big Beautiful Bill Act designed to jump start affordable housing development are starting to trickle out into the market in the form of tax-exempt and taxable bond combos.
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Schools should begin auditing their programs and policies now, and bond buyers should prepare for more credit risks coming with higher education bonds.
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Fitch Ratings revised Illinois' outlook to positive, pointing to the state's recent trend toward "normalized operating performance" and diverse economy.
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The incoming Bond Buyer Hall of Famer built public finance businesses at U.S. Bank and Academy Securities by combining experienced teams, issuer trust and a clear reason for clients to choose a new franchise.
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The SEC has issued a proposal to rescind its "pay-to-play" rule relating to investment advisers. The rule "was modeled, in large part," on MSRB Rule G-37, Commissioner Hester Peirce said.
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