PMA Financial Network Welcomes John Jungmann to the MOCAAT Team
St. Louis, MO – March 24, 2021- PMA, a premier full-service provider of financial and advisory services to local governments, is pleased to announce that Dr. John Jungmann will be joining the team as Coordinator, Sales and Relationship Management. He will partner with the Missouri Capital Asset Advantage Treasury (MOCAAT) to serve school districts throughout the state of Missouri.
by Laura Fox
Recent News
Banks Shift Deposit Composition Amidst Cost-cutting Efforts
Deposits have continued to build up on bank balance sheets, prompting banks to adopt differing strategies including setting balance limits for some individual commercial clients in an effort to minimize excess funding amid soft loan demand.
by Laura Fox
FEATURED MARKET DATA
What is Driving Yields Higher?
Federal Reserve officials are actively working to reassure markets that the recent climb in market yields represents improving expectations for economic growth rather than future inflation. It is clear that the rise in rates is driven by multiple factors ranging from fundamentals supporting stronger growth to technical factors such as banks hedging mortgage portfolios and increased Treasury supply.
by Laura Fox 