| Government Securities Prices | 10-year: 99 15/32 to yield 2.56, down 27/32 30-year: 101 7/32 to yield 3.31, down 122/32 |
|---|---|
| Municipal Bond Index | 121 31/32, down 8/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 07/31) | Total: $6.129 billion, down $637.3 million Competitive: $2.731 billion, down $182.3 million Negotiated: $3.398 billion, down $455.1 million |
| The MuniCenter List | Offering total: $9.115 billion, up $174.0 million |
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Munis are entering a negative feedback loop, according to J.P. Morgan analysts led by Peter DeGroot.
11h ago -
Credit ratings for California utilities could face downward pressure as recurring wildfire risks test safety funds and strain balance sheets.
September 25 -
"In a few years, Brightline may have to consider going through something like this again," warned one investor.
September 25 -
Bondholders and Assured Guaranty are providing substantial funding in post-petition and post-bankruptcy packages to keep the project operating.
September 25 -
GASB has issued updated questions and answers designed to clarify how subsidies relate to operating revenue, an important distinction affecting higher education, and transportation entities.
September 25 -
Ahead of a refinancing next week and a new money deal next month, Chicago's spreads have widened, suggesting the market may be pricing in a downgrade, analysts said.
September 25









