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Municipals were little changed throughout most of the curve in secondary trading Wednesday as the primary took focus with the sale of $1.2 billion of general obligation bonds from New York City in two deals. U.S. Treasuries were weaker and equities rallied. The two-year muni-UST ratio was at 59%, the three-year at 59%, the five-year
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The Municipal Securities Rulemaking Board has filed proposed amendments with the Securities and Exchange Commission aimed at shortening the settlement cycle to one business day for broker-dealer transactions. The proposed amendments to Rule G-12 on uniform practices and G-15 on confirmation, clearance and settlement practices are being advanced in an effort to bring the rules
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Ethereum's largest ecosystem update since The Merge occurred. Crypto players showcased new products at ETHDenver 2023. Among the highlights: implementing EIP-4337, an Ethereum Improvement Proposal that improves the ecosystem without changing its consensus-layer code. The proposal is known as Account Abstraction. See Also: Ethereum Rises Above This Major Level; XDC Network, Nexo Among Top Gainers
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Frontier fintechs are a rapidly growing sector in the financial industry. These new players in the industry offer innovative solutions to traditional financial services, often using cutting-edge technology to provide fast, convenient and cost-effective financial solutions. One of the key characteristics of frontier fintechs is their focus on customer-centricity. Unlike traditional financial institutions, fintech companies
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We take a look at 6 interesting ETFs that made their debut in the first quarter. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
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According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give access to Circle’s USDC stablecoin to more than 50 Inter-Blockchain Communication (IBC) networks. USDC Native Support Is Coming to
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In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Micron Technology headquarters in Boise, Idaho, March 28, 2021. Jeremy Erickson | Bloomberg | Getty Images Check out the companies making headlines in midday trading Tuesday. PagSeguro — Shares popped 5.3% after Citi upgraded the Brazilian payment stock to buy from neutral. The firm called
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Municipals were steady to firmer in spots Tuesday, while U.S. Treasuries were weaker and equities ended down. The two-year muni-UST ratio was at 59%, the three-year at 60%, the five-year at 61%, the 10-year at 64% and the 30-year at 89%, according to Refinitiv MMD’s 3 p.m. ET read. ICE Data Services had the two-year
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