| Government Securities Prices | 10-year: 98 7/32 to yield 2.33%, up 111/32 30-year: 98 5/32 to yield 3.10%, up 231/32 |
|---|---|
| Municipal Bond Index | 122 6/32, up 10/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 06/30) | Total: $7.821 billion, up $706.6 million Competitive: $3.098 billion, up $514.7 million Negotiated: $4.723 billion, up $191.9 million |
| The MuniCenter List | Offering total: $10.946 billion, down $3.423 billion |
Chicago made the second half of its supplemental pension payment, fulfilling a budgetary pledge and assuaging concerns of aldermen and rating agencies.
Market participants broadly expected a rate hike, but the FOMC statement and press conference both rang more hawkish than what the markets probably anticipated, said Chris Brigati, managing director and CIO at SWBC.
A U.S. Appeals Court for the Tenth Circuit ruling vacated a lower court's permanent injunction against a project to expand the Gross Reservoir.
Fitch Ratings revised its outlook to stable from negative on the Corpus Christi utility and S&P removed it from CreditWatch with negative implications.
With the Bipartisan Infrastructure Law funding sunsetting at the end of the month, the American Public Transportation Association is staging a fly-in to lobby for advance appropriations.
Chicago will be a regional water supplier, and its water could draw the next Great Migration, Department of Water Management Commissioner Randy Conner said.
