| Government Securities Prices | 10-year: 98 24/32 to yield 2.26%, up 7/32 30-year: 99 4/32 to yield 3.04%, up 24/32 |
|---|---|
| Municipal Bond Index | 122 26/32, up 17/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 07/08) | Total: $12.101 billion, down $169.4 million Competitive: $3.780 billion, up $444.9 million Negotiated: $8.321 billion, down $614.3 million |
| The MuniCenter List | Offering total: $12.506 billion, up $351.4 million |
That will help manage supply that could hit a record for a third consecutive year, investors said.
Despite uncertainty created by federal policies and global turmoil, California's trade did not shrink; it shifted.
Market conditions are attractive on the long end, which has weakened, said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.
The Northern Illinois Municipal Power Agency returned to market for the first time in a decade as two of its three members re-evaluate their energy options.
The municipal market is completely a buyer's market right now, said Kim Olsan, portfolio manager at NewSquare Capital: "I wish I had more cash to put to work."
Public backlash over data centers is affecting political positions in the mid-term elections and inspiring legislation in Loudoun County Va., the acknowledged front line of the debate.
