| Government Securities Prices | 10-year: 100 10/32 to yield 2.34, up 4/32 30-year: 101 2/32 to yield 3.07, down 8/32 |
|---|---|
| Municipal Bond Index | 1252/32, up 4/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 10/09) | Total: $7.281 billion, down $1.764 billion Competitive: $2.535 billion, up $48.5 million Negotiated: $4.747 billion, down $1.813 billion |
| The MuniCenter List | Offering total: $9.061 billion, down $978.0 million |
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The veto means California won't have a new vehicle to fund large-scale infrastructure. Newsom also killed a bill to unwind pension reforms.
1h ago -
Muni yields are succumbing to a "domino effect," said Kim Olsan, portfolio manager at NewSquare Capital.
September 24 -
A three judge panel upheld a lower court rejection of the bondholders' suit against Puerto Rico's central government.
September 24 -
Maryland enters the data center regulation movement as Governor Wes Moore signs an executive order and signals an end to sales tax exemptions.
September 24 -
The selloff in munis this week is "against a backdrop of historic bid wanted in competition volume, continued rate volatility, tax-loss selling [and] unfavorable technicals," said J.P. Morgan strategists.
September 24 -
"We believe strongly in these sectors, and they are poised for even more growth," Bo Daniels, Loop Capital's head of public finance, said in a statement.
September 24









