News and Information from Bond Buyer

Any investor fears spurred by Fed Chair Janet Yellen's words last month may be overblown, strategists suggest, saying interest rates are likely to remain unchanged for the foreseeable future.

Federal Reserve Board Gov. Jeremy Stein on Thursday submitted his letter of resignation to President Obama.

The Treasury Department said it will auction $30 billion three-year notes on April 8.

The Treasury Department said it will auction $21 billion 9-year, 10-month 2 ¾% notes on April 9.

The Treasury Department said it will auction $13 billion 29-year, 10-month 3¾% bonds on April 10.

The Treasury Department said Thursday it will auction $25 billion 91-day bills and $23 billion 182-day discount bills Monday.

The average fee that state and local governments in California pay bankers to underwrite their municipal bonds hit a record low last year at $3.98 per $1,000 of bonds sold.

Tax-exempt money market funds had outflows of another $1.48 billion as total net assets dipped to $268.81 billion in the week ended March 31.

The U.S. services sector expanded at a slightly faster pace in March as the non-manufacturing business activity composite index was 53.1 in the month, compared to 51.6 in February, on a seasonally adjusted basis, the Institute for Supply Management reported Thursday.

Initial jobless claims rose 16,000 to 326,000 in the week ended March 29, the Labor Department said Thursday.

The European Central Bank announced its Governing Council held interest rates at its latest monetary policy meeting Thursday.

Indicator Last Report Forecast Actual Factory Orders Jan.: -1.0% Feb.: +1.2% Feb.: +1.6%

Apr. 3, 2014 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.15 1.35 2.68 3.86 Florida Aa1/AAA/AAA 0.15 1.41 2.69 3.87 Georgia Aaa/AAA/AAA 0.15 1.31 2.51 3.68 Kentucky Aa2/AA+/AA 0.17 1.44 2.73 3.91 Louisiana Aa2/AA/AA 0.16 1.43 2.72 3.9 Mississippi Aa2/AA/AA+ 0.17 1.44 2.73 3.86 North Carolina Aaa/AAA/AAA 0.15 1.31 2.51 3.68 South Carolina Aaa/AA+/AAA 0.15 1.33 2.54 3.7 Tennessee Aaa/AA+/AAA 0.15 1.33 2.56 3.73 Virginia Aaa/AAA/AAA 0.13 1.29 2.49 3.66 West Virginia Aa1/AA/AA 0.16 1.43 2.73 3.91

4/2/2014 3/26/2014 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 2 $13,255 0 $0 $13,255 Florida 5 84,375 9 404,882 -320,507 Georgia 5 145,295 9 920,865 -775,570 Kentucky 1 2,245 1 2,800 -555 Louisiana 2 28,180 1 209,025 -180,845 Mississippi 3 97,390 0 0 97,390 North Carolina 0 0 0 0 0 South Carolina 2 50,000 1 3,500 46,500 Tennessee 1 8,750 2 13,395 -4,645 Virginia 1 89,545 5 229,390 -139,845 West Virginia 0 0 0 0 0

Thursday, April 3 Issuer St Description Amount

Thursday, April 3 Issuer St Description Amount

Week Of March 31 Issuer St Description Amount

Week Of March 31 Issuer St Description Amount

ARIZONA

ARKANSAS