| Mar. 21, 2017 | |||||
| Southwest: Plain/Insured GO Yield Curve* | |||||
| State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
|---|---|---|---|---|---|
| Arizona | Aa3/AA-/NR | 0.91 | 1.79 | 2.6 | 3.41 |
| Arkansas | Aa1/AA/NR | 0.89 | 1.74 | 2.53 | 3.33 |
| Colorado | Aa1/AA/NR | 0.89 | 1.78 | 2.59 | 3.4 |
| Kansas | Aa2/AA/NR | 0.89 | 1.79 | 2.62 | 3.42 |
| New Mexico | Aa1/AA/NR | 0.88 | 1.72 | 2.5 | 3.3 |
| Oklahoma | Aa2/AA/AA+ | 0.9 | 1.83 | 2.62 | 3.42 |
| Texas | Aaa/AAA/AAA | 0.88 | 1.76 | 2.58 | 3.38 |
| Utah | Aaa/AAA/AAA | 0.86 | 1.67 | 2.4 | 3.18 |
Fed Chair Kevin Warsh took a hawkish tone on inflation in his Jackson Hole speech, sparking a selloff in short-term UST yields.
With the Fed chair focusing on inflation, the markets have increased the odds of a September rate hike.
The administration is seeking industry feedback on funding mechanisms and the use of public-private partnerships in spaceport development.
The revised bill removes provisions creating state-backed credit enhancement for affordable housing bonds, calling instead for a study of housing finance tools.
Moody's Ratings cited the increasing likelihood the federal government won't continue leasing the current Washington, D.C., headquarters for NASA.
California's fall issuance plans bring a big name into the market at a time when high muni issuance levels have withstood higher interest rates.
