A so-called inverted yield curve between three-month and 10-year interest rates is considered by Wall Street as a reliable sign of an impending economic slump. A recession warning tracked by Wall Street is growing louder, as another measure of the widely watched “yield curve” signals that the United States is headed toward an economic slump. The yield curve is a way of comparing interest rates, also known as yields, on different maturities of government bonds, from a few months to 10 years or more. Investors typically expect to be paid more interest for lending to the government for a longer time, [...]

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.

U.S. Department of Agriculture (USDA) Kansas State Director for Rural Development Christy Davis today announced that the Department is providing $3,066,752 million to bring high-speed internet access to two Kansas counties. “High-speed internet is essential for success in education, healthcare, and business in the twenty-first century.” Davis said. “Federal funding makes it possible for communications companies, like Blue Valley Telecommunications, to serve our state’s rural communities.” Today’s announcement is part of a larger national announcement including 24 states and three territories. Details of the Kansas investment are: A $3,066,752 grant will be used to deploy a fiber-to-the-premises network to connect 3,000 [...]