info2023-03-13T22:37:20-05:00March 13th, 2023|
The City of Andover has announced plans for a one-year anniversary event for the April 29th, 2022 tornado. The event will be called “One Year Later: Pray With Andover.” It will be a community prayer breakfast and it will be held at the Capitol Federal Amphitheater on Saturday, April 29th. Source: 101.3 KFDI
info2023-03-13T22:35:15-05:00March 13th, 2023|
A Union Pacific freight train derailed in McPherson Sunday morning, causing a small grass fire and leaking denatured alcohol. The derailment was reported around 9:30 a.m. near the 1200 block of South Main. There were no injuries. Denatured alcohol leaked from one car into a nearby stream that feeds into Wolf Creek. The leak was contained and there was no threat to the community. McPherson fire crews got the grass fire out quickly. Source: 101.3 KFDI
info2023-03-13T22:32:24-05:00March 13th, 2023|
The city is beginning a massive project to remove thousands of trees and plant new ones. Overland Park crews started the project Monday in a neighborhood near 83rd and Nall. City contractors plan to remove more than 2,400 ash trees along city streets in a dozen areas across the city over the next three months. While leaders say the targeted trees make up nearly 25% of all trees in Overland Park, they also say removing them has to be done. The city predicts the emerald ash borer will eventually kill the majority of the trees. Source: fox4kc.com | FOX 4 - [...]
info2023-03-13T22:29:52-05:00March 13th, 2023|
In 123 pages, a report from the consulting firm Jensen Hughes lays out several problems with the culture and operations inside the Wichita police department. Chief Joseph Sullivan says a lot of what he read in the “well-written and well-researched report actually confirms my own personal assessment of various facets of the department in my short time here in Wichita.” Monday morning, Sullivan, city leadership, and representatives from Jensen Hughes held a news conference reviewing the report’s findings. Several sections laid out issues within WPD, from toxic culture to issues with favoritism in promotions or uneven punishments for officers. Source: KAKE [...]
info2023-03-13T21:48:46-05:00March 13th, 2023|
Want a bottle of wine or a six-pack of beer on your doorstep, next to Amazon packages or your grocery order? This scenario could potentially soon be a reality in Kansas. Lawmakers are weighing whether to allow grocery stores, restaurants and liquor stores to deliver beer, wine and spirits to a person, either on their own or via a third-party delivery service, such as DoorDash or Uber Eats. Such a move would follow in a string of efforts to modernize the state's liquor laws, such as a COVID-19 pandemic-era move to allow to-go drink sales and expand the sale of liquor [...]
info2023-03-13T09:04:50-05:00March 13th, 2023|
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 Reserve will implement another quarter-point hike this cycle. Yields on two-year Treasury notes — the most sensitive to changes in policy — fell as much as 60 basis points to less than 3.99%, the lowest since October. Source: Bloomberg
info2023-03-13T08:45:41-05:00March 13th, 2023|
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 collapse of Silicon Valley Bank. Regulators also closed Signature Bank, citing systemic risk. "In light of the stress in the banking system, we no longer expect the FOMC to deliver a rate hike at its next meeting on March 22," Goldman economist Jan Hatzius said in a Sunday note. The firm had previously expected the Federal Reserve to hike rates by 25 [...]
info2023-03-13T08:44:35-05:00March 13th, 2023|
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 to 3.50%, touching the lowest level since Feb.3. The 10-year rate last traded around 3.54%. The yield on the 2-year Treasury tumbled more than 40 basis points to 4.16%, also the lowest in over five weeks. Yields move inversely to prices and one basis point equals 0.01%. The iShares 20+ Treasury Bond ETF jumped 1.6%.... Investors sought safety as banking regulators rushed to [...]
Henry Schmidt2023-03-13T08:15:19-05:00March 13th, 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 Henry Schmidt.
info2023-03-12T23:27:41-05:00March 12th, 2023|
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 City of Admire worked with the Healthier Lyon County Coalition to assess the active infrastructure environment at the Admire City Park including tobacco-free grounds policies, making the City eligible for implementation funding. The City of Admire has been prioritizing community health by working hard to make improvements to the city park, most recently adding a disc golf course. The City park [...]
