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Municipals again saw a stronger short end of the yield curve and some pressure out long in light trading Tuesday as U.S. Treasuries were better and equities ended in the black. Triple-A benchmarks were bumped up to three basis points five years and in and cut up to two basis points on the long end,
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The chief executive of London’s Heathrow airport, the UK’s largest, has warned it will take up to 18 months for the aviation industry to rehire staff and return operations to pre-pandemic levels, following a gruelling period of disruption and cancellations. John Holland-Kaye said airlines and airports needed to “plan much better” to avoid further cancellations
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Maryland will sell $900 million of AAA-rated tax-exempt and $150 million of taxable general obligation bonds competitively Wednesday in the largest deal of the week.  “Through the pandemic, global unrest, and record inflation, we have managed to maintain the rating agencies’ confidence in our fiscal management,” said Maryland Treasurer Dereck Davis. Davis became treasurer in
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Avalanche (AVAX) shows signs of continuing its ongoing rebound move as it paints a classic bullish reversal pattern. AVAX price to $35? Dubbed as “double bottom,” the pattern appears when the price establishes a support level, rebounds, corrects after finding a resistance level, pulls back toward the previous support and bounces back toward the resistance
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