U.S. Treasury yields mostly flat amid worsening omicron news, lower growth forecasts

2021-12-22T00:33:58-06:00December 22nd, 2021|

U.S. Treasury yields edged marginally upward on Tuesday, despite deepening concern around omicron lockdowns and a blow to President Joe Biden administration's spending bill that dented some U.S. economic growth forecasts. The yield on the benchmark 10-year Treasury note inched higher by less than a basis point to 1.420% at around 4 a.m. ET. The yield on the 30-year Treasury bond moved slightly higher to 1.849%. Yields move inversely to prices and 1 basis point is equal to 0.01%. It comes as some economists lowered their growth forecasts for the United States after Democratic lawmaker Sen. Joe Manchin's refusal to approve [...]

Risk-on swings pendulum back to equities; munis stand pat

2021-12-22T00:31:13-06:00December 22nd, 2021|

Municipals were little changed in quiet trading with few prints to direct benchmark yields in any direction while the pendulum swung to risk-on with equities seeing large gains and U.S. Treasuries slumping back to losses. Triple-A benchmarks were left unchanged, and ratios fell. The five-year was at 48%, 69% in 10 and 78% in 30, according to Refinitiv MMD's 3 p.m. read. ICE Data Services had the five at 46%, the 10 at 71% and the 30 at 79%. Tax-exempt municipal benchmarks have remained steady, owing to persistent uncertainty in what investors understand the term "inflation" implies, according to Municipal Market [...]

Hillsboro creates new community engagement coordinator position

2021-12-22T00:27:34-06:00December 22nd, 2021|

Like many towns in Marion County, Hillsboro recently hosted a day of Christmas-themed activities, and many around town kept hearing about all of the fun things going on at the museums in town. Thanks to the hard work of Cara Duell and her new position as Hillsboro’s Community Engagement Coordinator, kids and adults alike got to have a different experience than usual at Hillsboro’s Annual Down Home Christmas earlier this month and it’s just the start of some of the events and ideas that Duell has planned. Duell was recently hired by the city to revamp the museum program and come [...]

Gardner plans to almost double in size with more and diversified housing

2021-12-22T08:01:24-06:00December 22nd, 2021|

Gardner aims to turn itself into the gem of Southwest Johnson County for future residents and businesses. The city's former and current mayor are working together to double Gardner's size to the east and south on 5,000 recently annexed acres now open for development. Former Mayor Steve Shute didn't run for a second term, and Todd Winters succeeded him. “There was a perception for a long time that Gardner is anti-development,” Shute told the Kansas City Business Journal. “Gardner is not going to stand in the way. If you want to get into Gardner, now is the time to do it. [...]

Western Kansan reflects on losses after strong winds, wildfires

2021-12-22T08:01:47-06:00December 22nd, 2021|

In the wake of last week's deadly wind storm and wildfires, recovery efforts are ramping up in western Kansas. The wind spread wildfires across 400,000 acres in four different counties. Two men died due to fire-related injuries. KSN Reporter Jessica Watson traveled to Paradise, Kansas, to talk to people in the area. They tell her they have a better estimate of how much livestock was lost in the area affected by the wind and fires. About 1,500 cattle were lost, which impacts the livelihoods of farmers and ranchers. Source: KSN-TV

Labette Co. Deputy credited with saving woman’s life after she was hit by train

2021-12-22T00:19:45-06:00December 22nd, 2021|

It is cliché, but a southeast Kansas woman certainly is grateful that a Labette county deputy was "in the right place at the right time" on Sunday night. Gabe Vitt was on another call Parsons around 9:30 -- when he overheard dispatch tell EMS that it had a caller saying a woman had been hit by a train. The call was disconnected before dispatch could obtain a location. It just so happened Deputy Vitt was only a couple blocks away from where it actually happened. He got there, found the woman and applied a makeshift tourniquet to her partially severed leg [...]

Wichita City Council approves moving ahead with new development around Riverfront Stadium

2021-12-22T00:17:09-06:00December 22nd, 2021|

The Wichita City Council voted 7-0 to approve a memorandum of understanding (MOU) for two acres of new development around Riverfront Stadium. The stadium was finished back in March 2020 and is located near Maple and McLean. The MOU allows EPC Real Estate LLC to go forward with planning and working to finance the development around the ballpark. The development would include a hotel of at least 150 rooms and six floors, an office building, a 200-space parking structure and riverfront improvements. The developer will seek up to $4 million in Kansas SPARK funding (American Rescue Plan Act) for certain public [...]

City of Topeka not intending to tap former Police Chief Bill Cochran for permanent City Manager role

2021-12-22T00:15:47-06:00December 22nd, 2021|

Former Topeka Police Chief Bill Cochran is not eligible for the permanent City Manager position, according to a city spokesperson. Cochran is set to take over as Interim City Manager on December 31, 2021. Director of Communications Gretchen Spiker told KSNT News that the Topeka City Council "does not intend for the Interim City Manager to be eligible for the position permanently." Spiker said the council will discuss how to conduct the search for City Manager Brent Trout's replacement early next year. She said the process has not yet been determined. Source: KSNT News

Incoming Topeka Mayor Mike Padilla to receive help from Harvard students next year

2021-12-22T00:12:13-06:00December 22nd, 2021|

A group of students from Harvard Kennedy School's Taubman Center for State and Local Government will be visiting Topeka early next year as part of a program that pair students HKS students with newly elected government officials. Expected to arrive in January of 2022, three Harvard students will take part in the Transition Term program which embeds HKS students in the offices of newly elected mayors, county executives and governors to provide students with a unique learning opportunity while also helping officials shift from campaigning to governing. Source: KSNT News

Topeka city manager heads to North Carolina to be county manager

2021-12-22T00:09:50-06:00December 22nd, 2021|

Topeka City Manager Brent Trout announced he is leaving Topeka to be closer to his grandchildren. Trout sat down with KSNT's David George Monday morning saying he will be assuming the role of a county manager in North Carolina. Trout was hired on October 30, 2017. Trout told KSNT he is, "most proud of the relationships he and the city have built." "We've been able to work on projects and see good things happen along the way," Trout said. Source: KSNT News

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