Feb. 24, 2012 | |||||
Far West: Plain/Insured GO Yield Curve* | |||||
State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
---|---|---|---|---|---|
Alaska | Aaa/AAA/AA+ | 0.26 | 0.91 | 2.13 | 3.52 |
California | A1/A+/A+ | 0.25 | 1.17 | 2.6 | 4.18 |
Hawaii | Aa2/AA/AA+ | 0.24 | 0.79 | 2.08 | 3.47 |
Idaho | Aa1/AA+/NR | 0.3 | 0.89 | 2.11 | 3.5 |
Montana | Aa1/AA/AA+ | 0.23 | 0.87 | 2.12 | 3.51 |
Nevada | Aa2/AA/AA+ | 0.38 | 1.31 | 2.58 | 3.92 |
Oregon | Aa1/AA+/AA+ | 0.21 | 0.75 | 2 | 3.35 |
Washington | Aa1/AA+/AA+ | 0.23 | 0.83 | 2.16 | 3.56 |
Wyoming | NR/AAA/NR | 0.28 | 0.88 | 2.11 | 3.5 |
-
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.
10h ago -
The growing federal debt level may pressure lawmakers to retract or reduce the tax-exemption for munis to generate revenue, some market participants argue.
10h ago -
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