David McCormick, United States Senator and apparent connoisseur of municipal debt, disclosed last week that he purchased somewhere between half a million and a million dollars of Oxford PA Area School District general obligation bonds sometime in early April. The coupon is 5%. It matures in 2032. The disclosure landed on May 1st, a brisk 23 days after the trade, which is well within STOCK Act requirements and should absolutely reassure you.
Now, we at Panic Sell Weekly do not know what David McCormick knows. We do not know what David McCormick knows about Oxford, Pennsylvania. We do not know what David McCormick knows about the general obligation capacity of a school district in Chester County. What we do know is that on April 8th, 2026 — a date the rest of us will simply refer to as "during all of that" — a sitting U.S. Senator looked at the available investment landscape and said: school bonds. Pennsylvania. Five percent. Lock it in.
We are not saying anything. We are simply noting that the chart exists, the timeline exists, and a man with access to rooms we will never enter decided that the safest place for up to a million dollars was a school district bond maturing in 2032.
The schools in Oxford, PA are presumably fine. Everything is fine.
Leave a Comment