| Government Securities Prices | 10-year: 99 4/32 to yield 2.60%, down 17/32 30-year: 98 29/32 to yield 3.43%, down 11/32 |
|---|---|
| Municipal Bond Index | 122 7/32, down 14/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 06/03) | Total: $15.009 billion, up $224.2 million Competitive: $6.207 billion, up $136.0 million Negotiated: $8.801 billion, up $88.3 million |
| The MuniCenter List | Offering total: $11.543 billion, up $1.019 billion |
-
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









