| Government Securities Prices | 10-year: 98 8/32 to yield 2.32, up 12/32 30-year: 98 29/32 to yield 3.06, up 23/32 |
|---|---|
| Municipal Bond Index | 122 31/32, up 12/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 06/17) | Total: $12.112 billion, down $514.9 million Competitive: $3.218 billion, down $257.2 million Negotiated: $8.894 billion, down $257.7 million |
| The MuniCenter List | Offering total: $14.136 billion, up $775.3 million |
The American Society of Civil Engineers lowered its infrastructure grade for North Carolina to C-minus this year from C; three other Southeast states improved.
Chicago made the second half of its supplemental pension payment, fulfilling a budgetary pledge and assuaging concerns of aldermen and rating agencies.
Market participants broadly expected a rate hike, but the FOMC statement and press conference both rang more hawkish than what the markets probably anticipated, said Chris Brigati, managing director and CIO at SWBC.
A U.S. Appeals Court for the Tenth Circuit ruling vacated a lower court's permanent injunction against a project to expand the Gross Reservoir.
Fitch Ratings revised its outlook to stable from negative on the Corpus Christi utility and S&P removed it from CreditWatch with negative implications.
With the Bipartisan Infrastructure Law funding sunsetting at the end of the month, the American Public Transportation Association is staging a fly-in to lobby for advance appropriations.
