ITM Power PLC (AIM:ITM) shares strengthened on Monday, rising around 20% at one stage, after announcing a 500 megawatt deal with “a global industrial customer”. Whilst the finer details of the deal will remain confidential, as part of the deal, the AIM-quoted company noted that the 500MW capacity reservation agreement will cover the period until the end of 2028.
By James Colby, Portfolio Manager and Strategist, Municipal Bonds Barclays sees stable municipal yields due to supply, while BofA predicts lower rates from Quantitative Tapering and economic softening. Yogi Berra said, “pick it up”.