Government Securities Prices | 10-year: 99 22/32 to yield 2.66, down 15/32 30-year: 102 20/32 to yield 3.73, down 14/32 |
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Municipal Bond Index | 119 11/32, unch |
The Bond Buyer's 30-Day Visible Supply (as of 09/09) | Total: $6.330 billion, down $838.7 million Competitive: $2.507 billion, down $109.7 million Negotiated: $3.824 billion, down $729.0 million |
The MuniCenter List | Offering total: $8.648 billion, up $1.062 billion |
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Lawmakers in Illinois have proposed legislation to consolidate the Chicago Transit Authority, Metra, Pace and the Regional Transportation Authority.
4h ago -
April's "poor performance" pushed munis further into negative territory, but "despite the poor start to the year, they may still end the year positive," said Cooper Howard, a fixed-income strategist at Charles Schwab.
May 7 -
The driving force behind the trend is the overall strength of the economy, according to Fitch Ratings' Michael Rinaldi. Revenue sources for municipalities, such as sales and property taxes, are doing very well.
May 7 -
Syncora and GoldenTree Asset Management want an accounting of what happened to PREPA net revenues.
May 7 -
The MSRB's move to a one-minute reporting standard was questioned in a House hearing Tuesday in the context of regulation that could go too far.
May 7 -
"It'll be very interesting to see when an event happens or the market get sloppy, what the secondary market does," said a sellside panelist at a Bond Buyer market outlook panel in Florida.
May 7