News and Information from Bond Buyer

The University of Michigan's preliminary November consumer sentiment index reading was 91.6, compared to the final October 87.2 and the preliminary October 87.9, according to market sources.

The dual mandate has nearly been achieved and while there is a "quite strong" case for increasing the fed funds rate, the future is uncertain and there is no "preset" plan for monetary policy, Federal Reserve Vice Chair Stanley Fischer said Friday.

Nov. 11, 2016 Far West: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alaska Aa2/AA+/AA+ 0.82 1.38 2.21 3.09 California Aa3/AA-/AA- 0.69 1.26 2.1 2.9 Hawaii Aa1/AA+/AA 0.72 1.28 2.06 2.92 Idaho Aa1/AA+/AA+ 0.68 1.28 2.04 2.88 Montana Aa1/AA/AA+ 0.73 1.34 2.12 2.97 Nevada Aa2/AA/AA+ 0.7 1.22 1.92 2.75 Oregon Aa1/AA+/AA+ 0.71 1.28 2.11 2.99 Washington Aa1/AA+/AA+ 0.68 1.24 1.96 2.79 Wyoming NR/AAA/NR 0.69 1.19 1.8 2.63

11/10/2016 11/3/2016 State # Iss Amount ($000) # Iss Amount ($000) Chg in Amt ($000) Alaska 3 $83,910 0 $0 $83,910 California 47 1965881 29 998,415 967,466 Hawaii 0 0 0 0 0 Idaho 1 9775 0 0 9,775 Montana 0 0 0 0 0 Nevada 4 521780 1 10,940 510,840 Oregon 3 55815 0 0 55,815 Washington 5 323000 2 93,000 230,000 Wyoming 0 0 0 0 0

MSRB executive director Lynnette Kelly tells the SEC's Investor Advocate what retail muni investors need.

Government

Two weeks after New Mexico lost its triple-A rating from Moody's Investors Service, New Mexico took a one notch downgrade from S&P Global Ratings to AA with the outlook remaining negative.

After seven postponements in the appeal of Jefferson County, Ala's bankruptcy case, the county's attorney requested that the chief judge of the 11th Circuit Court of Appeals schedule oral arguments as soon as possible.

Duty, Honor, Country. Gen. Douglas MacArthur's words aren't just a Veterans Day slogan for Mischler Financial Group.

The Chicago Park District paid a steep yield penalty for its Chicago ties on a recent sale although it managed to trim spreads from a 2015 issue.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose three basis points to 3.97% in the week ended Nov. 10 from 3.94% in the previous week.

Top shelf municipal bonds finished weaker on Thursday, as traders prepared for the upcoming week's hefty calendar, coming to market after the long holiday weekend honoring U.S. veterans

A referendum New Jersey voters approved Tuesday that dedicates all gas tax revenue to transportation projects marks the final step in a credit negative tax package adopted in October, according to Moody's Investors Service.

California revenues for October missed budget projections for the month by 5%.

Puerto Rico Governor-Elect Ricardo Rosselló is seeking $900 million to get Puerto Rico through the current fiscal year.

Public Finance banking veteran Donald Persinski has joined KeyBanc Capital Markets' in its Pittsburgh office.

The 430 tax and local bond measures considered by Californians achieved an 80% approval rate in preliminary counts.

Former Los Angeles Mayor Antonio Villaraigosa tossed his hat into the race for California governor.

The constitutional amendment passed by Illinois voters putting transportation related revenues in a lockbox was labeled by Moody's Investors Service as a negative credit factor for the state.

An operator of bond-financed charter schools in California has filed for Chapter 11 bankruptcy.