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Friday June 06, 2008
Calif. Market Close: Tax-Exempts Finish Slightly Firmer
NEW YORK – The California municipal market was slightly firmer today, following Treasuries, which showed gains after the non-farm payrolls report showed a loss of jobs for the fifth straight month in May, and the unemployment rate spiked by the largest amount in 20-years.
To read the column in its entirety, go to The Bond Buyer web site.Michael.Scarchilli-AT-sourcemedia-DOT-com
Jack.Herman-AT-sourcemedia-DOT-com
Posted by bondbuyer [Today's BB Highlights] ( June 06, 2008 04:00 PM ) Permalink | Comments[0]
Market Close: Munis Slightly Firmer at Close
NEW YORK – The municipal market was slightly firmer today, following Treasuries, which showed gains after the non-farm payrolls report showed a loss of jobs for the fifth straight month in May, and the unemployment rate spiked by the largest amount in 20-years.
To read the column in its entirety, go to The Bond Buyer web site.Michael.Scarchilli-AT-sourcemedia-DOT-com
Jack.Herman-AT-sourcemedia-DOT-com
Posted by bondbuyer [Today's BB Highlights] ( June 06, 2008 04:00 PM ) Permalink | Comments[0]
Market Post: Munis Slightly Firmer in Morning Trade
The municipal market was slightly firmer this morning, following Treasuries, which showed gains after the non-farm payrolls report showed a loss of jobs for the fifth straight month in May, and the unemployment rate spiked by the largest amount in 20-years.
Traders said tax-exempt yields were lower by one or two basis points.
To read the column in its entirety, go to The Bond Buyer web site.
Michael.Scarchilli-AT-sourcemedia-DOT-com
Jack.Herman-AT-sourcemedia-DOT-com
Posted by gsiegel [Today's BB Highlights] ( June 06, 2008 10:52 AM ) Permalink | Comments[0]