| Government Securities Prices | 10-year: 101 24/32 to yield 3.41, unchanged 30-year: 104 8/32 to yield 4.49, unchanged |
|---|---|
| Municipal Bond Index | 107 0/32, up 2/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 03/02) | Total: $6.688 billion, down $406.9 million Competitive: $1.450 billion, down $207.1 million Negotiated: $5.238 billion, down $199.8 million |
| The MuniCenter List | Offering total: $7.854 billion, down $45.6 million |
Strong offerings and the promise of July redemptions are helping munis weather a rough UST market, according to NewSquare Capital's Kim Olsan.
A smoke-covered east Los Angeles for days evoked images of last year's wildfires that decimated the city. Cleanup around the massive cold storage facility is expected to take months.
The budget includes plans for transportation bonds to be sold over the next few years.
The state took nearly two years to publish its fiscal 2024 annual comprehensive financial report — and that was an improvement.
A lawsuit filed in federal court comes as the turnpike was seeking approval from a state oversight council for $1.5 billion of revenue bonds.
Separately, the Puerto Rico Oversight Board approved the second consecutive consensually agreed upon budget, balanced according to modified accrual standards.
