| Government Securities Prices | 10-year: 99 19/32 to yield 2.42%, down 20/32 30-year: 99 5/32 to yield 3.17%, down 1 18/32 |
|---|---|
| Municipal Bond Index | 124 3/32, down 8/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 09/03) | Total: $3.174 billion, down $1.316 billion Competitive: $1.513 billion, up $83.9 million Negotiated: $1.661 billion, down $1.400 billion |
| The MuniCenter List | Offering total: $9.256 billion, up $2.282 billion |
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Munis are entering a negative feedback loop, according to J.P. Morgan analysts led by Peter DeGroot.
6h ago -
Credit ratings for California utilities could face downward pressure as recurring wildfire risks test safety funds and strain balance sheets.
7h ago -
"In a few years, Brightline may have to consider going through something like this again," warned one investor.
8h ago -
Bondholders and Assured Guaranty are providing substantial funding in post-petition and post-bankruptcy packages to keep the project operating.
9h ago -
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.
10h ago -
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.
10h ago









