| Government Securities Prices | 10-year: 95 26/32 to yield 2.48%, down 1/32 30-year: 94 15/32 to yield 3.16%, unchanged /32 |
|---|---|
| Municipal Bond Index | 121 30/32 down 20/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 12/13) | Total: $9.240 billion, up $177.6 million Competitive: $1.895 billion, up $5.1 million Negotiated: $7.345 billion, up $172.5 million |
| The MuniCenter List | Offering total: $13.987 billion, up $523.4 million |
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Supply hasn't let up since Tuesday's selloff. Muni yields will likely continue to rise as the new issue market offers investors a "buffet" of options, according to H.J. Sims analyst Tim Iltz.
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For the second time in a year, the Texas city's elected officials voted against moving forward with the Inner Harbor project to boost long-term water supply.
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State budget writers are under increased pressure to allocate resources to struggling hospitals as the effects of expiring health care tax credits leave more people uninsured.
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Federal Reserve Bank of New York President John Williams said Wednesday that inflation expectations remain well anchored, suggesting a "wait-and-see" approach for monetary policy.
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State and local issuers should expect cuts in transit and rail projects over the short term, transportation advocates said.
4h ago -
The incoming Bond Buyer Hall of Famer has paired creative banking with relentless execution and client focus across four decades — from pioneering a new muni sector to transforming Jefferies into a market leader.
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