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Calif. Market Close: Tax-Exempts Finish Slightly Firmer
The California municipal market was slightly firmer today, as market participants eased their way back from the three-day holiday weekend.
“It’s been a quiet day, but the market is noticeably firmer,” a trader in Los Angeles said. “We’re improved probably about two basis points overall on the day, but there wasn’t a whole lot of activity.”
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] ( July 07, 2008 04:24 PM ) Permalink | Comments[0]
Market Close: Munis End Slightly Firmer
The municipal market was slightly firmer today, as market participants ease their way back from the three-day holiday weekend.
“It’s been a quiet day, but the market is noticeably firmer,” a trader in Los Angeles said. “We’re improved probably about two basis points overall on the day, but there wasn’t a whole lot of activity.”
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] ( July 07, 2008 04:21 PM ) Permalink | Comments[0]
Market Post: Munis Unch to Slightly Firmer in Morning Trade
The municipal market was unchanged to slightly firmer this morning, as market participants ease their way back from the three-day holiday weekend.
“It’s very quiet, with people just adjusting after the long weekend,” a trader in New Jersey said. “People are dusting things up and trying to figure out how things will shape up for the week. It’s not any weaker, not any stronger, just very quiet.”
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] ( July 07, 2008 11:25 AM ) Permalink | Comments[0]
