Solid Growth of Investment Assets in 2025 Helped Support State and Local Government Budgets
State and local government investment assets grew at a strong pace in 2025, extending a...
First Quarter Investment Returns: Lessons Learned
It was not supposed to be this way. At the start of 2026, many investors...
Not Much Has Changed, Or Has It?
It’s hard to see beyond the Iran war. That’s true of it’s humanitarian, but also...
Beware the Ides of March
Yesterday’s Federal Open Market Committee meeting concluded with no change. Or did it? While the...
Dashboard
Yield and portfolio information to help public funds investment officials manage portfolios, monitor markets and benchmark portfolio performance of local government investment pools (LGIPs) and short term portfolios.
Money Market Yields
LGIP Yields Remain Insulated From Recent Market Volatility
Here’s another chart to illustrate the shelter that local government investment pool yields offer from the Iran war-induced market volatility. We’ve seen pool yields move by only a couple of basis points since the war began. Their yields have a close linkage to the Federal Reserve’s main policy rate and this has not budged even one basis point since December. Of course all of that could change in a flash if/when the Fed changes to its monetary policy.
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Insights
Solid Growth of Investment Assets in 2025 Helped Support State and Local Government Budgets
First Quarter Investment Returns: Lessons Learned
Not Much Has Changed, Or Has It?
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