| Government Securities Prices | 10-year: 96 29/32 to yield 2.86%, down 22/32 30-year: 97 4/32 to yield 3.79%, down 117/32 |
|---|---|
| Municipal Bond Index | 107 8/32, down 18/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 08/28) | Total: $6.418 billion, up $544.1 million Competitive: $1.738 billion, up $249.6 million Negotiated: $4.680 billion, up $294.5 million |
| The MuniCenter List | Offering total: $8.879 billion, up $1.285 billion |
The new-issue calendar is led by Washington with $1.3 billion of GOs selling by competitive bid in three series.
A trio of current and former Alaska lawmakers presented views differing from the governor's on how to solve the state's budget red ink.
Kutak Rock warns tax attorneys about the Internal Revenue Service doing compliance checks as opposed to formal audits on certain multifamily bond issues as tax season is expected to add more stress to an understaffed agency.
The rating agency cited weak operating results and high leverage.
Piper Sandler will price $100 million of electric revenue bonds for Iowa public utility Muscatine Power and Water on Wednesday.
Longer-term bonds could ease financial pressure for Sound Transit's $54 billion long-range plans.
