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Municipals were slightly firmer Friday ahead of a larger new-issue calendar with bellwether names, as U.S. Treasuries were stronger to close out the week while equities ended in the red. The $6.9 billion new-issue calendar features several high-grade deals, including nearly $1 billion of refunding general obligation bonds from Massachusetts, $886 million of GOs from
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Massachusetts Gov. Maura Healey on Thursday announced a five-year, $14 billion capital plan that would lean on a mix of funding to carry out work across the state. The fiscal 2024-2028 Capital Investment Plan, Healey’s first capital spending proposal since taking office, includes spending for housing development, transportation, and green energy. “We’re also expanding support
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Broker-dealers remain hopeful for policy issues vital to the municipal bond market including restoring advance refunding and raising the bank-qualified limit following a Bond Dealers of America fly-in event Thursday. Representatives of BDA member firms descended on Congress in a lobbying blitz that included visits with lawmakers on the House Financial Services Committee and the
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Market data platform SOLVE has launched a new platform that provides information for market professionals through the aggregation, curation and delivery of available historical and real-time fixed-income data. Some of the resources available include color from SOLVE’s AI-powered technology, regulatory compliance solutions, coverage of illiquid securities and a suite of tools for new-issue and secondary
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Chancellor Jeremy Hunt is meeting bank leaders in Downing Street to address the growing mortgage crisis caused by rising interest rates. Hunt is urging banks and building societies to examine the state of the mortgage market and see what additional help they can give those struggling to deal with surging monthly payments on their home
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Real-life Ron DeSantis was here, finally. In the fidgety flesh; in Iowa, South Carolina, and, in this case, New Hampshire. Not some distant Sunshine State of potential or idealized Donald Trump alternative or voice in the far-off static of Twitter Spaces. But an actual human being interacting with other human beings, some 200 of them,
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This should be a window of widening opportunity and optimism for the Republicans chasing Donald Trump, the commanding front-runner in the 2024 GOP presidential race. Instead, this is a time of mounting uncertainty and unease. Rather than undermine Trumps campaign, his indictment last week for mishandling classified documents has underscored how narrow a path is
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The California Housing Finance Agency had its rating upgraded to Aa2 by Moody’s Investors Service, which cited the state treasurer conduit’s improved financial strength. It is the highest rating in agency history, according to CalHFA, and is among the top ratings that Moody’s assigns to housing finance agencies nationwide. “This rating has CalHFA well-positioned to
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This “Crypto City” guide looks at Sydney’s crypto culture, the city’s most notable projects and people, its financial infrastructure, what retailers accept crypto and where you can find blockchain education courses — along with a history of its crypto controversies. Jump to: Crypto culture, Projects and companies, Financial infrastructure, Where can I spend crypto? Controversies
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Real-life Ron DeSantis was here, finally. In the fidgety flesh; in Iowa, South Carolina, and, in this case, New Hampshire. Not some distant Sunshine State of potential or idealized Donald Trump alternative or voice in the far-off static of Twitter Spaces. But an actual human being interacting with other human beings, some 200 of them,
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