| Government Securities Prices | 10-year: 98 5/32 to yield 1.83, up 2/32 30-year: 94 22/32 to yield 3.02, unchanged |
|---|---|
| Municipal Bond Index | 132 23/32, unchanged |
| The Bond Buyer's 30-Day Visible Supply (as of 01/24) | Total: $10.500 billion, down $1.490 billion Competitive: $2.665 billion, down $1.250 billion Negotiated: $7.835 billion, down $240.1 million |
| The MuniCenter List | Offering total: $8.933 billion, down $46.6 million |
The week was a long-awaited reckoning with record supply, said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.
The meeting will be held on July 23 and 24.
Randall "Randy" Miller, Chad Miller and Jeffrey De Laveaga were charged by the SEC with creating false documents that were provided to investors in two municipal bond offerings.
The National League of Cities rolled out its annual report showcasing the challenges facing mayors, including the end of BIL funding and a steady diet of uncertainty about the flow of future federal dollars.
The House cuts are less severe than those proposed in President Donald Trump's 2026 budget.
Schools and governments turn to bonds to cover payouts in the wake of a California law that temporarily lifted the statute of limitations on sex abuse claims.
