Gov. Mark Gordon told industry representatives and Gillette residents Tuesday night he is committed to marketing Wyoming coal domestically amid shrinking demand for coal in the U.S.
Mounting pressures in the repurchase agreements market could eventually pull the fed funds rate higher, according to Federal Reserve Bank of New York’s Roberto Perli.
"The number of vendors is shrinking, the market is concentrating and it's becoming more stratified that the top," Bloomberg Government analyst Paul Murphy said.