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Municipal AAA yield curves were cut up to another 42 basis points, depending on the curve, as of noon, pushing yields to multi-year highs and long-end muni to UST ratios above 100%. Muni yields have risen up to nearly 100 basis points in spots since the bond market rout began.
April 9 -
A week ahead of inauguration day, Scott Colbert, executive vice president, director of fixed income and chief economist at Commerce Trust, takes a look at how the Federal Reserve and the economy will fare in President-elect Donald Trump's second run in the White House. Social Media Pitch: X: As we prepare for Trump 2.0, Join us live at 11 a.m. on Jan. 16 to hear Scott Colbert, executive vice president at Commerce Trust, as we discuss the economy and the Fed in a second Trump presidency. FB/LI: As we prepare for Trump 2.0, Join us live at 11 a.m. on Jan. 16 to hear Scott Colbert, executive vice president at Commerce Trust, discuss the economy and the Fed in a second Trump presidency. The relationship between Trump and Fed Chair Jerome Powell has been contentious, but Trump has backed away from suggestions he'd fire the chair.
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A hearing for four separate federal lawsuits seeking to block the congestion pricing plan is set for Dec. 20.
November 25 -
The Republicans are using "magic math" to disguise the cost of extending the TCJA, Sen. Elizabeth Warren said.
November 21 -
Now a Fox Business host, Duffy while in Congress sat on the Financial Services, Budget and Joint Economic committees.
November 19 -
The results of the Nov. 5 polls will address many key municipal market policies.
October 31 -
Vance has called for eliminating the SALT deduction, calling it "massively redistributive toward the lower- and middle-income brackets."
July 24 -
The twice-impeached president built his civic reputation on projects such as Central Park's Wollman Rink.
January 14 -
The former vice president spearheaded the Obama administration’s implementation of the 2009 American Recovery and Reinvestment Act.
November 7 -
Biden’s Electoral College count rose to 264, one state away from achieving the 270, according to the Associated Press, which called the former vice president the winner Wednesday in closely fought races in Wisconsin and Michigan.
November 5