| Government Securities Prices | 10-year: 99 10/32 to yield 2.33, up 27/32 30-year: 95 22/32 to yield 3.10, up 2/32 |
|---|---|
| Municipal Bond Index | 123 27/32, up 2/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 11/13) | Total: $11.461 billion, up $1.890 billion Competitive: $3.224 billion, down $190.8 million Negotiated: $8.236 billion, up $2.081 billion |
| The MuniCenter List | Offering total: $12.713 billion, up $1.678 billion |
"The people of New Orleans deserve better results from the Sewerage and Water Board," said Mayor Helena Moreno.
Since the end of June, long-dated muni yields have risen by upward of 50 basis points, pushing yields to the highest levels since the tariff-induced volatility in April 2025.
A November sale of up to $348 million of general obligation and other debt is planned, while the council okayed interim financing for Dallas Love Field Airport.
An agreement between Norman Regional Health System and bondholders postponed a Sept. 1 debt service payment until a $40 million bond sale closes.
GASB is looking for comments on the taxonomy design for its Voluntary Digital Financial Reporting project, a big step on the pathway to the digitization of financial statements.
The SEC looks to be trying to sharpen its muni expertise, which may offer clues about its future focuses in the market.
