| Government Securities Prices | 10-year: 92 1/32 to yield 2.68, down 11/32 30-year: 85 12/32 to yield 3.69, down 21/32 |
|---|---|
| Municipal Bond Index | 113 19/32, down 12/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 07/11) | Total: $13.229 billion, down $2.398 billion Competitive: $4.004 billion, up $567.2 million Negotiated: $9.224 billion, down $2.965 billion |
| The MuniCenter List | Offering total: $10.353 billion, up $239.5 million |
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.
