| 3/13/2014 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| State | # Iss | Amount ($000) | # Iss | Amount ($000) | Chg in Amt ($000) | |||||||
| Alaska | 0 | $0 | 1 | $61,340 | -$61,340 | |||||||
| California | 12 | 2,393,220 | 12 | 1,023,175 | 1,370,045 | |||||||
| Hawaii | 0 | 0 | 0 | 0 | 0 | |||||||
| Idaho | 1 | 3,845 | 1 | 3,845 | 0 | |||||||
| Montana | 0 | 0 | 0 | 0 | 0 | |||||||
| Nevada | 2 | 293,100 | 2 | 400,000 | -106,900 | |||||||
| Oregon | 1 | 30,080 | 1 | 2,760 | 27,320 | |||||||
| Washington | 0 | 0 | 2 | 26,450 | -26,450 | |||||||
| Wyoming | 0 | 0 | 0 | 0 | 0 | |||||||
The rally has been more of a technical driver. Absolute yields and ratios, at least on the muni side, are very attractive, with the asset class becoming "oversold," said Whitney Fitts, director of municipal portfolio management at Appleton Partners.
Muni AI issuance may reach up to $11 billion in 2026, less than 2% of expected muni issuance, the firm said.
The Trump administration's signature tax policy is adding a $544 billion strain to an economy already burdened by bond yields not seen since the 1990's.
Moody's cited a weakened financial profile and increasing constraints on the authority's ability to raise rates.
Nederland officials said they are still pursuing the issuance of revenue bonds to buy the Eldora Mountain Resort, as well as funding for capital improvements.
President Trump Wednesday evening posted on social media that former Federal Reserve Chair Jerome Powell should "be forced to resign" from the board and has instructed the attorney general to investigate.
