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Wednesday June 25, 2008
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%.
To read the column in its entirety, go to The Bond Buyer web site.Jack.Herman-AT-sourcemedia-DOT-com
Posted by bondbuyer [Today's BB Highlights] ( June 25, 2008 04:00 PM ) Permalink | Comments[0]
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%.
To read the column in its entirety, go to The Bond Buyer web site.Jack.Herman-AT-sourcemedia-DOT-com
Posted by bondbuyer [Today's BB Highlights] ( June 25, 2008 04:00 PM ) Permalink | Comments[0]
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
Posted by gsiegel [Today's BB Highlights] ( June 25, 2008 10:39 AM ) Permalink | Comments[0]