Last week, munis underperformed the Treasury market "across the curve through Thursday with yields lower just 13bps," according to Birch Creek strategists. However, they said Friday's rally "in the front end helped pull shorter maturity munis ahead."
Here’s a first look at meetings of South Dakota state government boards and commissions, and meetings of the Legislature, that are open to the public, starting Monday, May 15, 2023. Click on the name for meeting details.
"The market is expecting a 25 basis point rise in the Fed funds rate, but more importantly, investors are waiting for the comments for a better idea of what to expect going forward," said SWBC Investment Company's Roberto Roffo.