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Municipals struck a firmer tone on the short end Tuesday as the new-issue calendar got underway, with strong competitive loans, while U.S. Treasuries held steady and equities strengthened into the afternoon. Triple-A benchmark yield curves were bumped on the short end as bonds inside of 10 years have been more tightly bid. Municipal-to-UST ratios were
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On Tuesday, Bakkt Holdings revealed a partnership between the national quick-service restaurant (QSR) Quiznos. The company Quiznos is a brand based in Denver, Colorado, and the restaurants specialize in offering submarine sandwiches. According to the announcement, Bakkt and a Quiznos location in Denver will be launching a pilot that allows customers to purchase food with
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Illinois’ flawed pension funding system weighs heavily on the ratings of some struggling local government ratings and legislative action to date has made little headway in solving the quagmire, S&P Global Ratings warns. State legislative action consolidating suburban and downstate public safety funds and moving Chicago to an actuarial-based contribution help but they fall short
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We have seen a number of new thematic ETFs launched this year. Some of them make sense and some don’t. But here’s a new ETF that provides investors a convenient way to profit from a new industry with massive growth potential. Mobileye: https://www.zacks.com/stock/quote/MBLY?cid=CS-YOUTUBE-FT-VID Cisco Systems: https://www.zacks.com/stock/quote/CSCO?cid=CS-YOUTUBE-FT-VID Skyworks Solutions: https://www.zacks.com/stock/quote/SWKS?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow
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The Hammer and Hanging Man patterns go hand in hand and represent a bullish and bearish signal. In this video trading expert David Jones breaks them down and shows us how to spot them on the chart, how to interpret their appearance and what to watch out for before making a trading decision. At Trading
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Tencent has announced new restrictions limiting how long minors can play its online games after the Chinese internet group came under intense pressure from state media, which labelled the gaming industry a “spiritual opium”. In a social media post, the company said it was introducing the measures after “relevant authorities” requested greater protection of minors
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Municipals opened the week steady with a firmer tone Monday, while U.S. Treasury yields fell again and equities moved up and down throughout the day, as the COVID Delta variant’s spread and its effects hang over all markets. Municipal-to-UST ratios rose as a result. ICE Data Services showed the 10-year muni/UST ratio at 71% and
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