Kansas Municipal News
Local government news, municipal finance updates and job openings, collected for city and county officials.
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Traders Bet on No More Fed Hikes, US Two-Year Yields Plunge
Treasury bonds surged, pushing key two-year yields to their lowest level this year, as investors bet the collapse of three US lenders will compel policymakers to halt interest-rate increases. Swaps now show a less than one-in-two chance that the Federal…
Goldman Sachs no longer expects the Fed to hike rates in March, cites stress on banking system
Goldman Sachs no longer sees a case for the Federal Reserve to deliver a rate hike at its meeting next week, citing "recent stress" in the financial sector. Earlier Sunday, U.S. regulators announced measures to stem contagion fears following the…
Investors rush into bonds, gold in flight to safety after SVB rescue
Investors flocked to safe-haven assets such as Treasurys and gold on Monday amid an extraordinary plan to backstop the banking system and limit the impact from the collapse of Silicon Valley Bank. The benchmark 10-year Treasury yield fell nearly 20 basis points…
Municipal Bond Trends for March 10, 2023
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, Beth Warren and…
City of Admire receives funding for multiuse court
The City of Admire is planning to build a pickleball, basketball and tennis court, thanks to $30,000 in funding from Blue Cross and Blue Shield of Kansas as part of Healthier Lyon County’s Pathways to a Healthy Kansas grant. The…
Wichita Public Schools chooses its next superintendent from within district ranks
Kansas’ largest school district has named its next superintendent. At a Friday special meeting, the Wichita school board chose Kelly Bielefeld to replace Alicia Thompson in July. Bielefeld, who has been the district’s executive director of college and career readiness…
Douglas County District Court to transition to statewide case management system; electronic payments, filings will be affected for a few days
Douglas County District Court will soon transition to a new case management system, which will temporarily disrupt the processing of online payments and electronic court document filings, according to a news release from the state judicial branch. The court will…
City of Lawrence to use pandemic aid to support shelter’s capacity increase; 98 of 125 beds will be overnight only
In an indicator of the closer relationship between the City of Lawrence and the Lawrence Community Shelter, the city plans to use a portion of its pandemic aid to pay additional staffing costs for the shelter to expand its capacity…
Dollar stores face local pushback
More communities are turning away from the prospect of a dollar store opening up in their town. In a report published by the Institute for Local Self-Reliance, researchers said more than 70 cities and towns have already blocked new projects…
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Contact Larry Kleeman or Henry Schmidt, call (316) 264-3400 or email info@ransonfinancial.com.
