Calif. Market Close: Tax-Exempts Finish Slightly Firmer

Market Close: Munis Slightly Firmer at Close

The municipal market was slightly firmer today, following the Treasury market.
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“It feels a little bit better in line with Treasuries, but I’m still not seeing a ton of activity,” a trader in Chicago said. “We’re probably up about one to three basis points. There’s some pockets of cash, and people are interested in high-grade paper, but it’s still pretty quiet.”

Market Post: Munis Slightly Firmer in Afternoon Trade

The municipal market was slightly firmer this morning, following the Treasury market.
“It feels a little bit better in line with Treasuries, but I’m still not seeing a ton of activity,” a trader in Chicago said. “We’re probably up about one to three basis points. There’s some pockets of cash, and people are interested in high-grade paper, but it’s still pretty 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

Market Post: Munis Slightly Firmer in Morning Trade

The municipal market was slightly firmer this morning, following Treasuries.
“We’re definitely a little better today, that’s for sure,” a trader in New York said. “Treasuries have got a nice little rally going after the weak jobs report, and we’re pretty much following suit from that. I’d say we’re better a good 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