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Munis should see better performance this week as issuance falls to $5.2 billion this week and cash still needs to be reinvested, said Jason Wong, vice president of Municipals at AmeriVet Securities.
USTs spiked 17 basis points on the short end and 15 to 12 10-years and out following the release, while triple-A curves saw yields rise two to five basis points, depending on the yield curve, in a more muted and typical reaction for the asset class.
Brendan Crutchfield of Sheridan, a graduate student in mechanical engineering at Arkansas State University in Jonesboro, has enjoyed getting some hands-on professional experience this summer.
JONESBORO — Brendan Crutchfield of Sheridan, a graduate student in mechanical engineering at Arkansas State University, has enjoyed getting some hands-on professional experience this summer.
An Alabama steel plant accused the U.S. Department of Commerce of unfairly rejecting its requests to be exempted from the Trump administration's 25% steel tariffs, saying the agency's "boilerplate" denial ignored evidence that U.S. manufacturers couldn't meet its steel needs.