California Fixed Income Trust Assigned ‘AAAm’ Principal Stability Fund Rating
Press release issued by S&P Global Ratings. Download a PDF of the full release here. ENGLEWOOD (S&P Global Ratings) Oct. 9, 2025–S&P Global Ratings today assigned its ‘AAAm’ principal stability fund rating (PSFR) to the California Fixed Income Trust (CalFIT). We expect the pool to launch mid-October. The ‘AAAm’ rating is the highest PSFR we […]
9/5/25: Economic Data Reinforces Weakening Labor Market
Short and intermediate maturity Treasury yields have been on a downward trajectory since the end of July as both market participants and officials at the Federal Reserve are growing increasingly concerned about the full employment portion of the Federal Reserve’s ‘dual mandate’ and less focused on the stable prices component. This morning’s payrolls report further […]