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Wednesday September 03, 2008
Market Close: Munis Slightly Firmer at Close
NEW YORK – The municipal market was slightly firmer today. Traders said tax-exempt yields were lower by 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 bondbuyer [Today's BB Highlights] ( September 03, 2008 04:00 PM ) Permalink | Comments[0]
Calif. Market Close: Tax-Exempts Finish Slightly Firmer
NEW YORK – The California municipal market was slightly firmer today.
“There’s a little firmness out there, and it’s a bit more active than yesterday,” a trader in Los Angeles said. “We’re probably a good basis point or two better on the whole.”
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 bondbuyer [Today's BB Highlights] ( September 03, 2008 04:00 PM ) Permalink | Comments[0]
Market Post: Munis Slightly Firmer in Morning Trade
The municipal market was slightly firmer this morning. Traders said tax-exempt yields were lower by one or two basis points.
“There’s a decent bid out there, but we’re still underperforming Treasuries,” a trader in New York said. “It’s probably a bit firmer, but nothing too special.”
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] ( September 03, 2008 10:44 AM ) Permalink | Comments[0]