Municipal triple-A yield curves saw another round of cuts Tuesday amid elevated secondary selling pressure, pushing one-year munis to end the session above 3%. U.S. Treasuries and equities saw losses after more hawkish Fed speak and a continued global bond rout. Triple-A yields rose by as many as seven to eight basis points across the
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Under the oversight of a state review board, the troubled finances of West Haven, Connecticut, are moving in the right direction, according to Moody’s Investors Service, which last week affirmed the city’s Baa3 general obligation bond rating after a two-month review. Financial mismanagement and federal corruption charges have dogged the New Haven suburb, which is
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The IMF has launched a biting attack on the UK’s plan to implement £45bn of debt-funded tax cuts, urging the government to “re-evaluate” the plan and warning that the “untargeted” package threatens to stoke soaring inflation. The multilateral lender said it was “closely monitoring” developments in the UK and was “engaged with the authorities” after
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Guido Cannetti, an Argentinian Ultimate Fighting Championship (UFC) fighter, is now the first martial arts athlete in the country to receive 100% of his salary in stablecoins, amid rising inflation and Argentina’s economic deteriorating, announced the crypto payroll company Bitwage on Monday. Dubbed El Ninja, he returns to the Octagon on October 1st in the
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ETHW has logged a significant price rebound despite its blockchain network, ETHPoW, suffering a smart contract hack in the first week after its launch. The short analysis of the attackhttps://t.co/87OVRqaYb2 https://t.co/vhRJyZVc72 — BlockSec (@BlockSecTeam) September 18, 2022 Bull trap risks surround ETHW market ETHW rebounded more than 150% eight days after the attack and traded
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Topline New home sales unexpectedly surged much more than economists projected in August even though same-day data showed prices collapsing due to a dearth in demand—fueling volatility that some experts argue could signal the housing market slowdown could hike up the odds of a recession. Key Facts About 685,000 new single-family houses were sold last
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Indian stocks and the rupee have surged this month, we discuss why and what lies ahead. IShares MSCI India ETF: https://www.zacks.com/funds/etf/INDA/profile?cid=CS-YOUTUBE-FT-VID WisdomTree India Earnings Fund: https://www.zacks.com/funds/etf/EPI/profile?cid=CS-YOUTUBE-FT-VID IShares MSCI India Small-Cap ETF: https://www.zacks.com/funds/etf/SMIN/profile?cid=CS-YOUTUBE-FT-VID Infosys Limited: https://www.zacks.com/stock/quote/INFY?cid=CS-YOUTUBE-FT-VID Container Store: https://www.zacks.com/stock/quote/TCS?cid=CS-YOUTUBE-FT-VID ICICI Bank Limited: https://www.zacks.com/stock/quote/IBN?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on
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Transcription:Chip Barnett: (00:03)Hi and welcome to another Bond Buyer podcast. I’m Chip Barnett, and my guest today is John Hallacy, and he’s the founder of John Hallacy Consulting LLC. And today we’re gonna be taking a look at the state of the municipal bond market, where it is right now, and where it’s heading for
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