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Calif. Market Close: Tax-Exempts Finish Slightly Firmer
The California municipal market was slightly firmer today, following Treasuries.
“It’s kind of quiet,” a trader in San Francisco said. “There’s some retail, but there’s definitely a lot more people doing nothing. We’re not up as much as governments, that’s for sure.”
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 25, 2008 04:32 PM ) Permalink | Comments[0]
Market Close: Munis Slightly Firmer
The municipal market was slightly firmer today, following Treasuries.
“We’re a bit better, maybe about two or three basis points, but there’s not a whole lot going on,” a trader in New York said. “I don’t imagine that we’ll see much of anything going on this week in terms of trading activity. There isn’t much supply coming, and whatever people aren’t already on vacation are looking forward to the three-day weekend next week.”
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 25, 2008 04:27 PM ) Permalink | Comments[0]
Market Post: Munis Slightly Firmer in Morning Trade
The municipal market was slightly firmer this morning, following Treasuries.
“We’re a bit better, maybe about two or three basis points, but there’s not a whole lot going on,” a trader in New York said. “I don’t imagine that we’ll see much of anything going on this week in terms of trading activity. There isn’t much supply coming, and whatever people aren’t already on vacation are looking forward to the three-day weekend next week.”
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 25, 2008 11:08 AM ) Permalink | Comments[0]
