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A Bend financial advisor says the financial markets are pointing to an 11th hour resolution to the debt ceiling quandary. Troy Reinhart with Northwest Quadrant Wealth Management says despite the dramatic political dialogue, the Stock Market doesn't seem overly concerned: “I think even more telling is that the 10 year treasury is trading at 2.9 yield which is the lowest its been; even during the cataclysmic March of 2009 when we were melting down all over the place. So the Bond Market is saying we are not going to default on the debt.” Monday, credit rating agency Moody's, surprised some and said the United States would be better off if the ceiling was eliminated entirely.

 

 

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Help Puerto Rico

Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

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  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.