| Government Securities Prices | 10-year: 99 11/32 to yield 3.70, unch 30-year: 99 27/32 to yield 4.63, down 4/32 |
|---|---|
| Municipal Bond Index | 114 4/32, unch |
| The Bond Buyer's 30-Day Visible Supply (as of 03/16) | Total: $10.274 billion, up $992.6 million Competitive: $3.143 billion, up $133.9 million Negotiated: $7.131 billion, up $858.7 million |
| The MuniCenter List | Offering total: $11.223 billion, up $1.322 billion |
The MBTA may be moving past its days of literal train wrecks, but creating a better system is costly.
A pair of decisions from the U.S. Supreme Court may lead to a more pro-bondholder Puerto Rico Oversight Board.
Chicago had a $219 million surplus at fiscal year's end 2025, despite declines in governmental activities' net position and in investments after moves to boost liquidity.
The muni market is poised for a strong week, Peter DeGroot wrote for J.P. Morgan, with a "manageable" new-issue calendar, near-record inflows year-to-date and July redemption money.
Next payments are due July 14 and 15.
Figuring out a way to account for the shift in market demographics is crucial to the long-term future of the muni market, but it doesn't appear to be a priority.
