Municipal Advisory

During June, the FOMC voted to maintain the current target fed funds rate of 2.25-2.5% despite vocal opposition from the outside. Threats of an inverted yield curve still loom although economic conditions are still holding up better than expected. Inflationary pressure remains largely absent as...

During May, US-China trade tensions increased, and the fixed income markets reacted negatively. Intermediate to long term treasury rates fell by almost a half of one percent, and the yield curve is inverted out to three years and gently sloping upwards thereafter.  Interest rate futures...

Municipal Market Update - April 2019   Our Municipal Market Update is data-driven, one page sheet that is intended to give you an overview of key interest rates – both floating and swap-to-fixed as well as the credit spreads of key local and state entities with data as...