| Government Securities Prices | 10-year: 97 6/32 to yield 2.32%, up 3/32 30-year: 97 13/32 to yield 3.01%, down 3/32 |
|---|---|
| Municipal Bond Index | 123 2/32 down 21/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 11/23) | Total: $14.396 billion, up $4.515 billion Competitive: $3.684 billion, up $161.4 million Negotiated: $10.712 billion, up $4.354 billion |
| The MuniCenter List | Offering total: $15.174 billion, down $1.069 billion |
The Federal Reserve governor said an upcoming change to the Personal Consumption Expenditures index could show ongoing improvement in prices, building the case for leaving interest rates unchanged.
In a June letter to the SEC, Truth in Accounting expressed its "strong concerns regarding the GASB Accounting Support Fee and the broader role of" GASB itself.
The Alabama Toll Road, Bridge and Tunnel Authority is bringing $3.7 billion of bonds and notes to finance a bridge and fund I-10 improvements in Mobile.
The Federal Reserve's Office of the Inspector General found inconsistencies in how reserve banks execute their search processes and review stock holdings for prospective directors.
Supply hasn't let up since Tuesday's selloff. Muni yields will likely continue to rise as the new issue market offers investors a "buffet" of options, according to H.J. Sims analyst Tim Iltz.
For the second time in a year, the Texas city's elected officials voted against moving forward with the Inner Harbor project to boost long-term water supply.
