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Calif. Market Close: Tax-Exempts Finish Unch
The California municipal market was unchanged today, as the Federal Reserve began its two-day policy-setting meeting on interest rates.
“Probably a little bit better tone than recently, there’s been some decent retail,” a trader in San Francisco said. “Looks like the market finally found levels it can support.”
To read the column in its entirety, go to The Bond Buyer web site.
Jack.Herman-AT-sourcemedia-DOT-com
Posted by gsiegel [Today's BB Highlights] ( June 24, 2008 04:29 PM ) Permalink | Comments[0]
Market Close: Munis Weaker in Quiet Trading
The municipal market was slightly weaker this afternoon in light trading, ahead of tomorrow’s interest rate announcement by the Federal Reserve Board.
“It seems like we’re stuck in the mud,” a trader in Chicago said. “A lackluster trading day.”
To read the column in its entirety, go to The Bond Buyer web site.
Jack.Herman-AT-sourcemedia-DOT-com
Posted by gsiegel [Today's BB Highlights] ( June 24, 2008 04:26 PM ) Permalink | Comments[0]
Market Post: Munis Unch to Weaker in Quiet Trading
The municipal market was unchanged to slightly weaker this afternoon in light trading, as the Federal Reserve began its two-day policy-setting meeting on interest rates.
“It seems like we’re stuck in the mud,” a trader in Chicago said. “A lackluster trading day.”
To read the column in its entirety, go to The Bond Buyer web site.
Jack.Herman-AT-sourcemedia-DOT-com
Posted by gsiegel [Today's BB Highlights] ( June 24, 2008 01:34 PM ) Permalink | Comments[0]
Market Post: Munis Unch in Quiet Trading
The municipal market was unchanged this morning in light trading, as the Federal Reserve begins its two-day policy-setting meeting on interest rates.
“There’s not a lot of trading, it’s very thin,” a trader in New Jersey said. “We’re kind of just hovering right now.”
To read the column in its entirety, go to The Bond Buyer web site.
Jack.Herman-AT-sourcemedia-DOT-com
Posted by gsiegel [Today's BB Highlights] ( June 24, 2008 10:55 AM ) Permalink | Comments[0]
