| Government Securities Prices | 10-year: 98 28/32 to yield 2.88%, down 10/32 30-year: 96 31/32 to yield 3.92%, down 11/32 |
|---|---|
| Municipal Bond Index | 111 5/32, down 5/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 12/05) | Total: $13.853 billion, up $3.006 billion Competitive: $2.293 billion, down $205.3 million Negotiated: $11.560 billion, up $3.211 billion |
| The MuniCenter List | Offering total: $9.097 billion, up $483.3 million |
The new-issue calendar is led by Washington with $1.3 billion of GOs selling by competitive bid in three series.
A trio of current and former Alaska lawmakers presented views differing from the governor's on how to solve the state's budget red ink.
Kutak Rock warns tax attorneys about the Internal Revenue Service doing compliance checks as opposed to formal audits on certain multifamily bond issues as tax season is expected to add more stress to an understaffed agency.
The rating agency cited weak operating results and high leverage.
Piper Sandler will price $100 million of electric revenue bonds for Iowa public utility Muscatine Power and Water on Wednesday.
Longer-term bonds could ease financial pressure for Sound Transit's $54 billion long-range plans.
