Higher Than Expected Inflation
This week’s commentary looks at the reactions to higher than expected inflation. Municipal yields have remained flat from March into April, and details about the President’s 2022 budget outline.
Who We Are
Ehlers is an industry-leading financial advisory firm serving Minnesota, Wisconsin, Colorado, Illinois and Kansas. We leverage centuries of combined experience and specialized expertise to deliver innovative, fully-integrated public finance solutions that help our public sector clients build strong, vibrant and sustainable communities. We serve local governments, school districts, public agencies, special districts, community development authorities and joint powers boards.
Debt Issuance & Management
We’ve helped public sector clients realize their vision through creative debt solutions for more than six decades. It’s why we consistently rank in the top three nationally for the number of competitive bond sales advised.
Economic Development & Redevelopment
Creating new jobs and revitalizing communities is what it’s all about. Our advisors leverage first-hand experience in local government to design financial solutions that bring your development visions to life.
Financial Management Planning
From annual budgets to capital improvement plans – and everything in between – Ehlers provides strategic, yet practical fiscal guidance to help clients fulfill immediate financial needs and achieve long-term community goals.
Investments & Treasury Management
Ehlers delivers comprehensive cash management and investment strategies for our public sector clients' cash-based assets. We also help clients create smart, safe investment policies that strive to support liquidity and return, while adhering to IRS regulations.
Arbitrage Consulting
Our specialized consultants partner seamlessly with your Ehlers’ Advisory team to develop strategies that ensure IRS compliance and minimize rebates.
Fiercely
Independent
Fully-
Integrated
With client communities at the heart of everything we do, Ehlers’ integrated advisory teams are highly-qualified to deliver independent guidance across all areas of public finance. Not all financial advisory firms can say that.
Learn Why
Upcoming Events
Bond Sales
Ehlers helps clients market and issue bonds through both competitive and negotiated processes. The occurrence and details of our clients' competitive bond sales are subject to change. Final details for each sale listed will be found in the official statement produced by Ehlers.
14
Upcoming Bond Sales
City of West Bend, Wisconsin
$5,450,000.00 General Obligation Corporate Purpose Bonds, Series 2021A
Maturities
2022 - 2036
Sale Date & Time
April 19 2021, 10:00 AM CT
Independent School District No. 2167 (Lakeview Public Schools), Minnesota
$10,510,000.00 General Obligation School Building Bonds, Series 2021A
Maturities
2027 - 2041
Sale Date & Time
April 19 2021, 10:00 AM CT
Big Stone County, Minnesota
$3,075,000.00 Taxable General Obligation Abatement Refunding Bonds, Series 2021A
Maturities
2022 - 2035
Sale Date & Time
April 19 2021, 11:00 AM CT
Interest Rate Indices
Municipal Debt Rates
As of April 01, 2021
Bond Buyer Index
Revenue Bond Index
10-Year Treasury Note
Fixed Income Investment Rates
As of April 02, 2021
3-Month Commercial Paper
1-Year U.S. Treasury Bill
3-Year GO AA Muni
Newsroom
Bond Market Calms and Federal Government Introduces Potential Stimulus and Tax Changes
While March was largely a difficult month for bonds, the fixed income markets have stabilized as we head into the second quarter. President Biden announces objectives for an additional large spending bill and introduces dramatic changes to federal tax law.
Fiscal Policy Debates Loom, Municipal Bond Yields Decline, & Public Finance Proposals Resurface
With the passage of The American Rescue Plan, focus now shifts to future legislative proposals and the possibility of tax increases, in part to address the growing federal deficit. Municipal bond yields have declined modestly over the past two weeks, and several legislative proposals specific to municipal bonds are being supported by local government groups.
Market Commentary