News and Information from Bond Buyer

ARIZONA

CALIFORNIA

Mar. 9, 2017 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.8 1.63 2.53 3.31 Florida Aa1/AAA/AAA 0.78 1.65 2.55 3.34 Georgia Aaa/AAA/AAA 0.78 1.58 2.43 3.19 Kentucky Aa2/A+/AA- 0.83 1.74 2.64 3.43 Louisiana Aa3/AA/AA- 0.91 1.9 2.89 3.71 Mississippi Aa2/AA/AA 0.8 1.68 2.63 3.4 North Carolina Aaa/AAA/AAA 0.78 1.58 2.41 3.18 South Carolina Aaa/AA+/AAA 0.78 1.61 2.45 3.21 Tennessee Aaa/AAA/AAA 0.78 1.58 2.42 3.19 Virginia Aaa/AAA/AAA 0.77 1.56 2.4 3.17 West Virginia Aa2/AA-/AA 0.81 1.68 2.61 3.44

Parker Schenken, a veteran public finance attorney from Nebraska, will join the public finance team at Sherman & Howard in Denver, the firm said.

Democrats blast Republicans for jamming health care vote through two committees without the Congressional Budget Office report on costs or hearings.

Government

Sports industry consultant Dave Howard will lead Florida’s privately owned passenger train project as Fortress Investment Group explores expanding All Aboard Florida’s Brightline-branded service to other states.

Top-quality municipal bonds finished weaker on Wednesday, according to traders, as the state of Maryland sold over $1 billion of top-rated bonds in the competitive arena.

For the second month in a row, Oklahoma reported positive revenue collections in February over the same month last year, state Treasurer Ken Miller said.

Moody's Investors Service said it has upgraded the city of Waco, Texas's general obligation limited tax debt to Aa1 from Aa2, impacting $355.2 million in previously issued bonds.

U.S. infrastructure renewal will require more funding for transportation projects, advocates say.

The Senate Banking Committee’s scheduled hearing on Jay Clayton’s nomination is expected to include some questions from Democrats on Clayton’s ties to Wall Street and ability to protect investors.

Citywide Ferry Service has filled the first of 200 jobs for its soon-to-be-launched transportation service, New York City Mayor Bill de Blasio announced on Wednesday.

Florida legislative leaders signaled they are out of lockstep with the governor's policies on economic development, borrowing, and state spending as their legislative session began this week.

An infrastructure crisis that includes resolution of its jail construction project represent one of the bigger challenges Wayne County, Michigan must tackle to remain fiscally healthy, county executive Warren Evans said in his State of the County speech.

The Treasury Department auctioned $20 billion of 9-year 11-month notes with a 2 1/4% coupon at a 2.560% high yield, a price of 97.296773.

New York State Comptroller Thomas DiNapoli has identified nine villages across the state as having some level of fiscal stress, down from 18 a year ago.

St. Louis received a downgrade from Moody’s Investors Service Tuesday.

Top-rated municipal bonds were weaker at mid-session, according to traders as the state of Maryland sold over $1 billion of high-quality bonds in the competitive arena.

Saying that Puerto Rico's liquidity is critically low, the Puerto Rico Oversight Board recommended Wednesday that the island's government immediately adopt emergency spending cuts.