Government Securities Prices | 10-year: 99 18/32 to yield 2.18, down 3/32 30-year: 110 23/32 to yield 3.19, down 11/32 |
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Municipal Bond Index | 117 3/32, down 1/32 |
The Bond Buyer's 30-Day Visible Supply (as of 10/21) | Total: $9.444 billion, up $2.901 billion Competitive: $2.455 billion, up $364.2 million Negotiated: $6.989 billion, up $2.537 billion |
The MuniCenter List | Offering total: $9.493 billion, up $231.6 million |
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Despite higher yields, muni to UST ratios remain rich. Ratios look "progressively richer" moving into the five- to 10-year part on the curve, with the 10-year spot "still far more attractive in taxables versus tax-exempts," J.P. Morgan said.
4h ago -
The growing federal debt level may pressure lawmakers to retract or reduce the tax-exemption for munis to generate revenue, some market participants argue.
4h ago -
It's a time of change, challenge and opportunity in the infrastructure and P3 space, Patrick Harder said.
5h ago -
The meeting was attended by trade organizations, MSRB board leadership, Finance Committee members and MSRB senior staff.
6h ago -
The Federal Emergency Management Agency is asking for an additional $9 billion for this year in hopes they don't run out of funds in August as they're currently slated to.
7h ago -
The SEC won its case against Richard Ganci and Richard Tortora of Capital Markets Advisors over conflicts of interest present in their fee arrangement in connection to a $119 million offering for the City of Rochester, New York.
8h ago