Cook County plots GOs, sales tax bonds as budget season kicks into gear
Cook County projects a surplus this year and a $18.2 million gap for fiscal 2023 while it readies two bond sales.
Source: bondbuyer.com
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Denver Airport gets ratings lift from Moody's
The airport benefits from growing population “that skew[s] young and wealthy,” the rating agency said.
Source: bondbuyer.com
Munis swept along in selling rampage; yields rise quarter point
The 25-basis-point move to higher yields is the largest one-day change in triple-As since March 2020 when COVID began roiling markets. Munis could not ignore a continued selloff in UST led by inflation and recession concerns.
Source: bondbuyer.com
Ramirez & Co. gains veteran trader
Hardy Manges brings three decades of experience in municipal trading to the national, full-service investment bank, brokerage and advisory firm.
Source: bondbuyer.com
Munis extend rally with yields falling most out long
Municipals improved for the fifth session in a row with 10- and 30-year triple-A yields falling 30 basis points since Thursday. Connecticut priced $1 billion-plus of GOs and saw yields lowered in a repricing.
Source: bondbuyer.com