- Florida
Florida Gov. Rick Scott OK'd a record $77 billion budget June 2, and used his line-item veto pen to cut $69 million the smallest reduction since becoming governor.
June 5 - Pennsylvania
Gov. Tom Corbett's hybrid proposal to overhaul Pennsylvania's public employee pension system could pass despite a blitz from both the left and the right, said one Keystone State actuary.
June 5 -
Outflows from tax-exempt money market funds slowed to $692.4 million in the week ended June 2, as total net assets fell to $256.41 billion, according to The Money Fund Report, a service of iMoneyNet.com.
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The Treasury Department said it will auction $28 billion three-year notes on June 10.
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Munis steadied across the curve Thursday morning after weakening on Wednesday.
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The Treasury Department said Thursday it will auction $25 billion 91-day bills and $23 billion 183-day discount bills Monday.
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At least another month will pass before a judge decides if Stockton, Calif. can exit Chapter 9 bankruptcy, after U.S. Bankruptcy Judge Christopher Klein set another hearing for July 8.
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Holders of Detroit's bonds want the bankruptcy judge to consider key questions of whether the city's treatment of its bond debt is legal at a main confirmation trial this summer instead of a one-day hearing set for later this month.
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Indicator Last Report Forecast Actual International Trade March: -$40.4B April: -$40.5B April: -$47.2B Productivity Q4: +2.3% Q1: -2.6% Q1: -3.2% Unit Labor Costs Q4: -0.4% Q1: +4.8% Q1: +6.3% ISM Non Mfg Index April: 55.2 May: 55.5 May: 56.3
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Jun. 5, 2014 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.14 1.24 2.4 3.51 Florida Aa1/AAA/AAA 0.14 1.26 2.34 3.52 Georgia Aaa/AAA/AAA 0.14 1.2 2.23 3.33 Kentucky Aa2/AA+/AA 0.16 1.35 2.45 3.56 Louisiana Aa2/AA/AA 0.15 1.3 2.39 3.52 Mississippi Aa2/AA/AA+ 0.16 1.3 2.44 3.51 North Carolina Aaa/AAA/AAA 0.14 1.2 2.23 3.33 South Carolina Aaa/AA+/AAA 0.14 1.22 2.26 3.36 Tennessee Aaa/AA+/AAA 0.14 1.21 2.28 3.38 Virginia Aaa/AAA/AAA 0.14 1.19 2.21 3.31 West Virginia Aa1/AA/AA 0.15 1.3 2.43 3.55
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6/4/2014 5/28/2014 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 0 $0 0 $0 $0 Florida 4 439,300 5 510,045 -70,745 Georgia 10 1,347,990 8 1,320,690 27,300 Kentucky 4 142,340 1 4,650 137,690 Louisiana 2 19,600 3 22,500 -2,900 Mississippi 1 83,000 1 7,000 76,000 North Carolina 0 0 0 0 0 South Carolina 0 0 2 24,840 -24,840 Tennessee 5 196,015 3 28,800 167,215 Virginia 8 398,000 4 347,845 50,155 West Virginia 0 0 0 0 0
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