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Orange County Bancorp, Inc Announces Closing of Initial Public Offering of Common Stock and Full Exercise of Underwriters Overallotment Option

Orange County Bancorp, Inc Announces Closing of Initial Public Offering of Common Stock and Full Exercise of Underwriters Overallotment Option
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Riskified Ltd announces closing of initial public offering and full exercise of the underwriters option to purchase additional shares

Muni short end stronger, UST on bumpy ride

REGISTER NOW Municipals were mixed in secondary trading after U.S. Treasuries dipped to lows not seen since the beginning of the year but rose as the afternoon progressed on mixed economic news. New issues fared well and another week of $2 billion-plus inflows were reported, bringing the total to nearly $60 billion for 2021. Triple-A benchmarks were little changed to firmer in spots on the short end after the up-and-down UST ride. Some rather hawkish comments made by Fed Vice Chairman Richard Clarida generated selling pressure throughout much of the Treasury curve, with munis holding steady throughout most of the tax-exempt curve,” said Jeffrey Lipton, managing director of municipal credit at Oppenheimer & Co.

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