Calif. Market Close: Tax-Exempts Finish Flat to Slightly Firmer

The California municipal market was unchanged to slightly firmer today, as investors eased their way back from a long weekend.
“There is a little bit of firmness out there, but it’s really been quite slow,” a trader in Los Angeles said. “It’s to be expected, coming back off a three-day weekend, but there really wasn’t much business getting done. There wasn’t much going on in the primary market either, so nothing really to pull anybody out of their slumber.”
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 Close: Munis Unch to Slightly Firmer

The municipal market was unchanged to slightly firmer today, as investors eased their way back from a long weekend.
“There is a little bit of firmness out there, but it’s really been quite slow,” a trader in Los Angeles said. “It’s to be expected, coming back off a three-day weekend, but there really wasn’t much business getting done. There wasn’t much going on in the primary market either, so nothing really to pull anybody out of their slumber.”
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 Largely Unch in Morning Trade

The municipal market was largely unchanged this morning, as investors ease their way back from a long weekend.
“It’s very quiet so far this morning,” a trader in New York said. “There’s really nothing going on. You have the [Massachusetts $661 million general obligation] deal pricing for retail this afternoon, though, so we’ll see.”
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