| Government Securities Prices | 10-year: 97 2/32 to yield 1.83%, up 1/32 30-year: 93 7/32 to yield 2.58%, up 5/32 |
|---|---|
| Municipal Bond Index | 130-0/32, down 1/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 11/02) | Total: $9.616 billion, down $3.567 billion Competitive: $2.435 billion, down $563.8 million Negotiated: $7.180 billion, down $3.003 billion |
| The MuniCenter List | Offering total: $14.486 billion, up $2.834 billion |
The failure of California's recent wildfire liability legislation leaves investor-owned utilities like PG&E and SoCal Edison exposed to continued financial risk and potential ratings downgrades.
KBRA approves of New Jersey's pension progress and budget management.
Chicago's projected FY2027 was down $283.9 million from the $1.2 billion estimate in last year's budget forecast.
The market is striking a better tone as investors are less worried about rate hikes, NewSquare Capital portfolio manager Kim Olsan said.
More than $2 billion of affordable housing and healthcare bonds were approved by the North Carolina Local Government Commission.
The incoming Bond Buyer Hall of Famer repeatedly brought financial discipline and long-term thinking to public entities before helping them tackle some of Indiana's most complex infrastructure financings.
