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Tuesday July 29, 2008
Calif. Market Close: Tax-Exempts Finish Slightly Weaker
The California municipal market was slightly weaker today, following Treasuries.
“There wasn’t a whole lot of movement today, but there was some weakness,” a trader in Los Angeles said. “We were barely off in the morning, but we ended maybe down two basis points, three in some spots.”
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 29, 2008 04:41 PM ) Permalink | Comments[0]
Market Close: Munis End Slightly Weaker
The municipal market was slightly weaker today, following Treasuries.
Traders said tax-exempt yields were higher by two or three 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] ( July 29, 2008 04:39 PM ) Permalink | Comments[0]
Market Post: Munis Slightly Weaker in Morning Trade
The municipal market was slightly weaker this morning, following Treasuries.
Traders said tax-exempt yields were higher by about 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] ( July 29, 2008 10:41 AM ) Permalink | Comments[0]