| Government Securities Prices | 10-year: 99 6/32 to yield 2.59, up 6/32 30-year: 98 26/32 to yield 3.44, up 7/32 |
|---|---|
| Municipal Bond Index | 121 27/32, down 1/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 06/06) | Total: $13.043 billion, down $557.7 million Competitive: $5.323 billion, down $305.3 million Negotiated: $7.720 billion, down $252.4 million |
| The MuniCenter List | Offering total: $10.354 billion, down $173.3 million |
-
Munis are entering a negative feedback loop, according to J.P. Morgan analysts led by Peter DeGroot.
September 25 -
Credit ratings for California utilities could face downward pressure as recurring wildfire risks test safety funds and strain balance sheets.
September 25 -
"In a few years, Brightline may have to consider going through something like this again," warned one investor.
September 25 -
Bondholders and Assured Guaranty are providing substantial funding in post-petition and post-bankruptcy packages to keep the project operating.
September 25 -
GASB has issued updated questions and answers designed to clarify how subsidies relate to operating revenue, an important distinction affecting higher education, and transportation entities.
September 25 -
Ahead of a refinancing next week and a new money deal next month, Chicago's spreads have widened, suggesting the market may be pricing in a downgrade, analysts said.
September 25









