Market Close: Munis Firmer in Light Trading

NEW YORK – The municipal market was firmer in light trading this afternoon, even as Treasuries were unchanged.

To read the column in its entirety, go to  The Bond Buyer web site.
Jack.Herman-AT-sourcemedia-DOT-com

Calif. Market Close: Munis Firmer in Light Trading

Market Post: Munis Slightly Firmer in Light Trading

The municipal market was slightly firmer in light trading this afternoon, with equities up after plunging to end last week.
The municipal market was up one or two basis points, traders said. “The market has a good tone, particularly on the long end,” a trader in Chicago said. “Activity is quiet, but there’s a good tone.”
To read the column in its entirety, go to  The Bond Buyer web site.
Jack.Herman-AT-sourcemedia-DOT-com

Market Post: Munis Unch in Light Trading

The municipal market was unchanged in light trading this morning, with the market set for little new-issue supply during the holiday-shortened week.
“It’s very quiet. I’m making the rounds because the phone doesn’t seem to be ringing much,” a trader in New Jersey said. “We firmed up at the end of last week as we got through supply, and there’s not much more supply this week.”
To read the column in its entirety, go to The Bond Buyer web site.
Jack.Herman-AT-sourcemedia-DOT-com

Market Close: Munis Firmer in Light Trading

NEW YORK – The municipal market was firmer in light trading this afternoon, with equities showing further declines after yesterday’s plunge.

To read the column in its entirety, go to The Bond Buyer web site.
Jack.Herman-AT-sourcemedia-DOT-com

Calif. Market Close: Munis Firmer in Light Trading

NEW YORK – The California municipal market was slightly firmer in light trading this afternoon, with equities showing further declines after yesterday’s plunge.

To read the column in its entirety, go to The Bond Buyer web site.
Jack.Herman-AT-sourcemedia-DOT-com

Market Post: Munis Firmer in Light Trading

The municipal market was firmer in light trading this afternoon, with equities showing further declines after yesterday’s plunge.
“It seems like we’ve turned a corner for a bit,” a trader in Chicago said. “There’s been firmness two days in a row for the first time in a few weeks.”
To read the column in its entirety, go to The Bond Buyer web site.
Jack.Herman-AT-sourcemedia-DOT-com

Market Post: Munis Open Unch

The municipal market was unchanged this morning, with equities holding steady after yesterday’s plunge.
“It seems to be kind of sideways,” a trader in New York said. “Retail picked up a bit the last day or two. Percentages are so blown out some guys are looking to consolidate with Treasuries.”
To read the column in its entirety, go to The Bond Buyer web site.
Jack.Herman-AT-sourcemedia-DOT-com

Market Close: Munis Firmer in Light Trading

NEW YORK – The municipal market was firmer in light trading this afternoon, while Treasuries gained big as the Dow Jones Industrial Average dropped to a 2008 low.

To read the column in its entirety, go to The Bond Buyer web site.
Jack.Herman-AT-sourcemedia-DOT-com

Calif. Market Close: Munis Firmer in Light Trading

NEW YORK – The California municipal market was firmer in light trading this afternoon, while Treasuries gained big as the Dow Jones Industrial Average dropped to a 2008 low.

To read the column in its entirety, go to The Bond Buyer web site.
Jack.Herman-AT-sourcemedia-DOT-com

Market Post: Munis Firmer in Light Trading

The municipal market was firmer in light trading this afternoon, following Treasuries, as the Dow Jones Industrial Average hit a 2008 low.
“The long end is performing really well, 2030 and out,” a trader in New York said. “We’re still underperforming Treasuries, but the market is feeling okay. Munis really underperformed the last week-and-half or so and now we’re catching up a bit.”
To read the column in its entirety, go to The Bond Buyer web site.
Jack.Herman-AT-sourcemedia-DOT-com

Market Post: Munis Open Unch

The municipal market was unchanged this morning, even as Treasuries firmed.
“Munis are feeling better than they’ve felt in a while,” a trader in New York said. “There’s decent buying on the long end. Somebody is out there.”
To read the column in its entirety, go to The Bond Buyer web site.
Jack.Herman-AT-sourcemedia-DOT-com

Market Close: Munis Weaker in Quiet Trading

NEW YORK – The municipal market was slightly weaker in light trading this afternoon, as the Federal Reserve announced its decision to hold the federal funds rate at 2%.

Calif. Market Close: Tax-Exempts Finish Weaker in Light Trading

NEW YORK – The California municipal market was slightly weaker in light trading this afternoon, as the Federal Reserve announced its decision to hold the Fed funds rate at 2%.

Market Post: Munis Open Unch in Quiet Trading

The municipal market was unchanged in light trading this morning, as the Federal Reserve concludes its two-day policy-setting meeting, with an announcement on interest rates early this afternoon.
“It’s pretty quiet, and it’s been very quiet the past few days,” a trader in New Jersey said. “It seems like supply is coming down a bit, but the market is still sort of apathetic.”
To read the column in its entirety, go to The Bond Buyer web site.
Jack.Herman-AT-sourcemedia-DOT-com