| Government Securities Prices | 10-year: 102 1/32 to yield 2.14, up 16/32 30-year: 104 1/32 to yield 2.92, up 19/32 |
|---|---|
| Municipal Bond Index | 127 12/32, up 28/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 10/16) | Total: $9.269 billion, down $848.4 million Competitive: $1.998 billion, down $1.040 billion Negotiated: $7.271 billion, up $191.3 million |
| The MuniCenter List | Offering total: $8.352 billion, down $577.6 million |
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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 -
The deal, set to close in the coming weeks, adds a group of capital markets and other market professionals, according to a press release.
September 24









