Kansas Municipal News
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Unprecedented times bring muni yields to new lows
Michael Zezas, managing director of research at Morgan Stanley, notes that muni yields have not fallen as quickly as the Treasury equivalents and recession risk climbs the longer the coronavirus persists. Layer on top of those items the incipient oil…
‘It was not a good evening’: People in Hesston recount experiences with the tornado
Count to five. One…two…three…four…five. It’s not much time if you’re doing something fun, but it can be a great deal of time if you’re going through a traumatic event. That’s how long it took for what was then classified as…
This morning Treasury yields fall as stocks reel in wake of Europe travel restrictions
U.S. Treasury yields fell sharply on Thursday as the White House decision to impose a 30-day ban on travel from Europe to the U.S. sparked selling across global equities, spurring inflows into haven assets like government paper. The 10-year Treasury…
Municipal bond yields rose on Wednesday amid COVID-19 fears
The municipal market was hammered Wednesday by the rapidly spreading COVID-19 global pandemic with a more than quarter point correction in AAA benchmarks, issuers pulling deals off the shelves and more reports of pricing and evaluation confusion in an already…
Municipal Bond Trends for March 11, 2020
The interest rate table above illustrates recent changes in a sample of MBIS "investment grade" yields. Every issuer's credit is different. For rates that may be applicable to your municipality, contact our Municipal Bond Advisors, Larry Kleeman and Beth Warren.
Lawmakers consider extending privacy law to more public workers
Former Topeka police chief Ed Klumpp is convinced hundreds of Kansas corrections employees and court service officers must be covered by the same privacy-protection blanket offered judges and attorneys. Klumpp, who represents three law enforcement organizations in Kansas, said state…
Senators consider expanding psychiatric services in western Kansas
A Kansas Senate bill would allocate $11.8 million to open and operate hospital beds for youths requiring short-term psychiatric care in Hays, Garden City and surrounding areas, officials said Wednesday. Sen. Richard Billinger, R-Goodland, spoke Wednesday in favor of the…
Dodge City part of 33 transit projects
Three projects for the City of Dodge City were announced as part of the more than $7.4 million awarded to transit projects across the state. As part of the Kansas Department of Transportation’s new Access, Innovation and Collaboration program, 33…
Wichita airport and Century II use static cling to fight coronavirus COVID-19
Opposites attract and likes repel. And that’s the physical principle Wichita is deploying in its efforts to try to control the spread of the coronavirus COVID-19. The city has begun a program of “electrostatic spraying” at Eisenhower National Airport and…
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Contact Larry Kleeman or Henry Schmidt, call (316) 264-3400 or email info@ransonfinancial.com.
