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Monday August 11, 2008
Calif. Market Close: Tax-Exempts Finish Flat to Slightly Weaker
The California municipal market was unchanged to slightly weaker today.
“Pretty quiet day overall, but there was at least a weaker tone out there,” a trader in Los Angeles said. “I don’t know that I’d say the market is any weaker, that we’re off a basis point or two, but there’s definitely a weaker tone.”
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] ( August 11, 2008 04:28 PM ) Permalink | Comments[0]
Market Close: Munis Unch to Slightly Weaker
The municipal market was unchanged to slightly weaker today, while in the primary, Eagle Mountain-Saginaw Independent School District $97.5 million deal priced.
“There is nothing going on,” a trader in New York said. “The market might be off a little bit just based on what Treasuries are doing, but other than that, there’s not a whole lot happening. We’re pretty much just picking up right where we left off Friday. It’s a quiet Monday.”
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] ( August 11, 2008 04:24 PM ) Permalink | Comments[0]
Market Post: Munis Flat to Slightly Weaker in Afternoon Trade
The municipal market was unchanged to slightly weaker today, while in the primary, Eagle Mountain-Saginaw Independent School District $97.5 million deal priced.
“There is nothing going on,” a trader in New York said. “The market might be off a little bit just based on what Treasuries are doing, but other than that, there’s not a whole lot happening. We’re pretty much just picking up right where we left off Friday. It’s a quiet Monday.”
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] ( August 11, 2008 01:54 PM ) Permalink | Comments[0]
Market Post: Munis Unch, Weaker Tone in Morning Trade
The municipal market was unchanged with a slightly weaker tone this morning.
“There is nothing going on,” a trader in New York said. “The market might be off a little bit just based on what Treasuries are doing, but other than that, there’s not a whole lot happening. We’re pretty much just picking up right where we left off Friday. It’s a quiet Monday.”
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] ( August 11, 2008 10:52 AM ) Permalink | Comments[0]