Tag Archives: Bonds

Last week’s stock market rally could continue through early 2024 after the Federal Reserve announced that interest rates may begin to cool. Tennessee Tech Economics and Finance Professor Justin Lee said investors are growing optimistic and more willing to buy. He said that after sky-high interest rates have pressured them to be conservative, reports of lower rates have drawn investors ... Read More »

The City of Algood approved a resolution for the issuance of a water and sewer revenue and tax deficiency bond. City Administrator Keith Morrison said that the resolution for the $1.89 million bond came from a review by the USDA. “To get permission to go to bid from USDA they had to go through all of our documents,” Morrison said. ... Read More »

It has been many years since inflation concerns have dominated the national conversation about United States Economics. That is according to Dr. Thomas Payne, the Dean of Tennessee Tech’s College of Business. Payne said the concern stems from the Federal Reserve’s aggressiveness coming out of the pandemic. Payne said the amount of money being printed without a matching increase in ... Read More »

The Cookeville City Council plans to redeem over $7 million in bonds used to build the Highlands Business Park. This debt payoff will save the city over $300,000 in interest. Paying off these bonds will allow the city to move forward with the $19 million police station project. Finance Director Brenda Imel said paying off the bonds will bring down ... Read More »