Municipals were weaker Wednesday, as U.S. Treasury yields rose and equities ended down. The two-year muni-to-Treasury ratio Wednesday was at 66%, the three-year at 67%, the five-year at 67%, the 10-year at 66% and the 30-year at 83%, according to Refinitiv Municipal Market Data’s 3 p.m. EST read. ICE Data Services had the two-year at
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Aug. 1 This week on the KFF Health News Minute: Drones could speed up lifesaving treatment in an emergency, and paperwork problems can leave patients with frightening medical bills they may not have to pay. July 25 This week on the KFF Health News Minute: A new program in Philadelphia hopes to reduce gun violence
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An aerial view shows a subdivision that has replaced the once rural landscape in Hawthorn Woods, Illinois. Scott Olson | Getty Images Mortgage interest rates dropped last week to the lowest level since May 2023, causing a surge in mortgage demand from both homebuyers and especially current homeowners. Total mortgage application volume rose 6.9% last
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Following a three-day extended rally, municipals reversed course and were mostly weaker five years and out Tuesday in secondary trading as the primary market took focus with several large deals. U.S. Treasuries sold off and equities rallied. The two-year muni-to-Treasury ratio Tuesday was at 64%, the three-year at 66%, the five-year at 66%, the 10-year
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Kamala Harris’ selection of Minnesota Governor Tim Walz to be her vice president in the 2024 race catapults the former geography teacher, veteran and former Congressman to the national stage and with it, his long track record as a champion for local issues. Walz follows Walter Mondale, vice president to Jimmy Carter, and Hubert Humphrey
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The wagons are circling around anti-environmental, social, and governance laws enacted in Texas and Oklahoma amid a flurry of studies on their financial impact and congressional scrutiny. The two states were early enactors of laws that led to the blacklisting of more than 20 financial firms, including municipal bond underwriters, for “boycotting” or “discriminating” against
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Share Tweet By Billy Hallowell Editor August 2, 2024 Greg Laurie, pastor of Harvest Christian Fellowship in Riverside, California, believes the strange events surrounding the Olympics this year have presented “a microcosm of what’s not right in the world today.” “They start off the Olympic ceremonies with the open mockery of ‘The Last Supper,’ the
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