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Opinion | Maryland's proposed Beltway expansion plan is still too risky

Opinion | Maryland's proposed Beltway expansion plan is still too risky
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Muni short end stronger, UST on bumpy ride


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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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Maryland wildlife refuge fights to protect American history from climate change


July 23, 2021
Robert A. Reeder/The The Washington Post via Getty Images
(CAMBRIDGE, Md.) While extreme heat waves, wildfires and devastating flooding bring attention to the impacts of climate change, some parts of the country are fighting more pernicious effects that threaten both protected ecosystems and important landmarks of American history.
Blackwater National Wildlife Refuge is a wetland in the outer banks of Maryland established in 1933 as a protected area for bald eagles, osprey and several species of migratory birds. The government officials working to protect it say they can see the impacts of climate change in the refuge every day. As the ocean continues to warm and sea levels rise, the water is turning marshes into lakes and allowing invasive species to take over the ecosystem. ....

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