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Suzan K. DelBene, representing Washington’s 1st congressional district, has recently made significant transactions in government securities (GS). According to the congressional trade report, DelBene sold off her stake in the New York City Transitional Finance 5.00% due Nov 1, 2027, and purchased Tennessee Energy Acquisition 5%35 Edr Idr due 12/01/35. These moves come as municipal bond yields have reached their highest levels since 2009, averaging 4.8% for AAA-rated securities.
DelBene’s sale of the New York City Transitional Finance bond, which occurred on August 8, 2025, was valued between $250,001 and $500,000. This bond is a type of government security, which is generally considered a low-risk investment.
On the same day, DelBene also made a significant purchase in the Tennessee Energy Acquisition 5%35 Edr Idr due 12/01/35. This investment, also classified as a government security, was valued in the same range as the sold asset, between $250,001 and $500,000.
These transactions highlight the congresswoman’s active involvement in the financial market, particularly in government securities. However, the exact reasons behind these trades remain undisclosed. As always, investors are advised to conduct their own research and due diligence when considering such moves for their portfolios.
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