Jun. 29, 2010 | |||||
Southwest: Plain/Insured GO Yield Curve* | |||||
State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
---|---|---|---|---|---|
Utah | Aaa/AAA/AAA | 0.3 | 1.66 | 2.93 | 4.07 |
New Mexico | Aaa/AA+/NR | 0.35 | 1.76 | 3.08 | 4.27 |
Texas | Aaa/AA+/AAA | 0.38 | 1.79 | 3.09 | 4.28 |
Colorado | Aa1/AA+/NR | 0.43 | 1.88 | 3.2 | 4.35 |
Arkansas | Aa1/AA/NR | 0.44 | 1.87 | 3.2 | 4.35 |
Oklahoma | Aa2/AA+/AA+ | 0.51 | 1.9 | 3.22 | 4.35 |
Kansas | Aa1/AA+/NR | 0.46 | 1.9 | 3.2 | 4.37 |
Arizona | Aa2/AA/NR | 0.56 | 2 | 3.3 | 4.45 |
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Despite higher yields, muni to UST ratios remain rich. Ratios look "progressively richer" moving into the five- to 10-year part on the curve, with the 10-year spot "still far more attractive in taxables versus tax-exempts," J.P. Morgan said.
April 17 -
The growing federal debt level may pressure lawmakers to retract or reduce the tax-exemption for munis to generate revenue, some market participants argue.
April 17 -
It's a time of change, challenge and opportunity in the infrastructure and P3 space, Patrick Harder said.
April 17 -
The meeting was attended by trade organizations, MSRB board leadership, Finance Committee members and MSRB senior staff.
April 17 -
The Federal Emergency Management Agency is asking for an additional $9 billion for this year in hopes they don't run out of funds in August as they're currently slated to.
April 17 -
The SEC won its case against Richard Ganci and Richard Tortora of Capital Markets Advisors over conflicts of interest present in their fee arrangement in connection to a $119 million offering for the City of Rochester, New York.
April 17