| Government Securities Prices | 10-year: 100 12/32 to yield 2.71, up 12/32 30-year: 101 9/32 to yield 3.56, up 18/32 |
|---|---|
| Municipal Bond Index | 117 27/32, up 13/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 03/27) | Total: $5.240 billion, down $1.452 billion Competitive: $1.124 billion, up $45.6 million Negotiated: $4.116 billion, down $1.498 billion |
| The MuniCenter List | Offering total: $9.164 billion, down $1.475 billion |
Muni investors' fears for the economy and war were overpowered by their fear of missing out, said Peter Delahunt, head of the municipal bond department at StoneX.
The center provides research, training and outreach on state and local governments' public money decisions.
Leases backing many of the bonds are scheduled to expire before the debt is fully repaid, Moody's warned.
The muni market will also receive $28 billion of principal and interest set to be paid to investors Thursday, according to CreditSights.
The SEC would have a hard time "proving even one, let alone all, of the requirements necessary for 'control person liability,'" one the JPAs said.
Recent property tax reforms in Indiana and Missouri are starting to impact school districts and local governments in those states.
