| Government Securities Prices | 10-year: 99 31/32 to yield 1.63, up 5/32 30-year: 99 24/32 to yield 2.76, up 112/32 |
|---|---|
| Municipal Bond Index | unavailable |
| The Bond Buyer's 30-Day Visible Supply (as of 11/09) | Total: $10.799 billion, up $1.851 billion Competitive: $1.455 billion, down $263.6 million Negotiated: $9.344 billion, up $2.115 billion |
| The MuniCenter List | Offering total: $8.191 billion, up $1.001 billion |
The buy-side of the muni market is awaiting higher supply, SWBC's Chris Brigati said.
The Ways and Means Committee passed the reporting bill last week along party lines.
Deals that offer some value and spread opportunities will be well-received, while those that are less attractive or higher quality might face some challenges in certain parts of the curve, said Jeff Timlin, managing partner and head of municipal bond investing at Sage Advisory.
Federal Reserve Board Gov. Christopher Waller says he is OK with dialing down the amount of communication issued by the central bank's monetary policy committee, but doesn't want the central bank to throw out the baby with the bathwater.
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.
