News and Information from Bond Buyer

Investors who sold off bonds following Fed Chair Janet Yellen's speech on interest rates last week are now looking for safety closer to the intermediate part of the curve.

The Treasury Department Tuesday auctioned $35 billion of four-week bills at a 0.045% high yield, a price of 99.996500.

Moody's Investors Service affirmed San Diego Unified School District's Aa3 general obligation bond rating.

Nevada Gov. Brian Sandoval has named Julia Teska as his new budget chief and director to replace Jeff Mohlenkamp who will retire on April 4.

Service sector activity “grew modestly” in March, according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing activity in the central Atlantic region "remained soft" in March, according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index dropped to negative 7 in March from negative 6 in February.

The consumer confidence index increased to 82.3 in March from a revised 78.3 last month, The Conference Board reported Tuesday.

Sales of new single-family homes decreased 3.3% to a 440,000 seasonally adjusted annual rate in February, according to data released by the Commerce Department Tuesday.

The judge overseeing Detroit's bankruptcy case ordered the city to disclose more details of a proposed $120 million loan with Barclays, including financing terms and the use of proceeds.

ALABAMA

Mar. 25, 2014 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA+/NR 0.2 1.47 2.83 4.08 Arkansas Aa1/AA/NR 0.16 1.36 2.62 3.83 Colorado Aa1/AA/NR 0.17 1.41 2.76 3.98 Kansas Aa1/AA+/NR 0.15 1.35 2.67 3.89 New Mexico Aaa/AA+/NR 0.15 1.31 2.64 3.87 Oklahoma Aa2/AA+/AA+ 0.17 1.42 2.74 3.97 Texas Aaa/AAA/AAA 0.15 1.33 2.61 3.82 Utah Aaa/AAA/AAA 0.15 1.27 2.52 3.73

3/24/2014 3/17/2014 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 2 $36,970 8 $238,925 -$201,955 Arkansas 1 1,760 5 30,635 -28,875 Colorado 2 36,200 5 122,720 -86,520 Kansas 1 2,010 2 7,025 -5,015 New Mexico 1 9,275 1 9,275 0 Oklahoma 19 245,935 13 117,250 128,685 Texas 29 481,916 32 498,846 -16,930 Utah 0 0 1 50,000 -50,000

Tuesday, March 25 Issuer St Description Amount

Tuesday, March 25 Issuer St Description Amount

Week Of March 24 Issuer St Description Amount

Week Of March 24 Issuer St Description Amount

IOWA

Puerto Rico's leaders are at odds with each other over a potential privatization of the Puerto Rico Electric Power Authority.

Illinois hospitals provided $704 million in charity care as part of $5.2 billion in annual "community benefits," according to the Illinois Hospital Association's latest review of hospitals' annual filings.