Market Post: Munis Unch to Slightly Firmer in Morning Trade

The municipal market was unchanged to slightly firmer today, following gains in the Treasury market.
Traders said tax-exempt yields were flat to 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

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

NEW YORK – The California municipal market was unchanged to slightly weaker today, following losses in the Treasury market.

Traders said tax-exempt yields were largely unchanged on the short end and in the intermediate range, and about two or three basis points weaker on the long end.

To read the column in its entirety, go to The Bond Buyer web site.
Michael.Scarchilli-AT-sourcemedia-DOT-com

Market Close: Munis Mixed at Close

NEW YORK – The municipal market was unchanged to slightly weaker today, following losses in the Treasury market.

Traders said tax-exempt yields were largely unchanged on the short end and in the intermediate range, and about two or three basis points weaker on the long end.

To read the column in its entirety, go to The Bond Buyer web site.
Michael.Scarchilli-AT-sourcemedia-DOT-com

Market Post: Munis Mixed in Afternoon Trade

NEW YORK – The municipal market was mixed today, following losses in the Treasury market.

Traders said tax-exempt yields were slightly lower on the short end, largely unchanged in the intermediate range, and about three basis points weaker on the long end.

To read the column in its entirety, go to The Bond Buyer web site.
Michael.Scarchilli-AT-sourcemedia-DOT-com

Market Post: Munis Unch to Weaker in Morning Trade

The municipal market was unchanged to slightly weaker this morning, following losses in the Treasury market.
Traders said tax-exempt yields were largely flat on the short end, unchanged to weaker by one or two basis points in the intermediate range, and about three basis points weaker on the long end.
To read the column in its entirety, go to The Bond Buyer web site.
Michael.Scarchilli-AT-sourcemedia-DOT-com

Calif. Market Close: Tax-Exempts Finish Mixed; FOMC Cuts Fed Funds 50 BPs to 1.00%

NEW YORK – The California municipal market was largely mixed today, after the Federal Open Market Committee opted to lower its federal funds rate target by 50 basis points to 1.00%.

To read the column in its entirety, go to The Bond Buyer web site.
Michael.Scarchilli-AT-sourcemedia-DOT-com

Market Close: Munis Mixed; FOMC Cuts 50 BPs to 1.00%

NEW YORK – The municipal market was largely mixed today, after the Federal Open Market Committee opted to lower its federal funds rate target by 50 basis points to 1.00%.

To read the column in its entirety, go to The Bond Buyer web site.
Michael.Scarchilli-AT-sourcemedia-DOT-com

Market Post: Munis Slightly Weaker Ahead of FOMC

The municipal market was slightly weaker this morning, as participants await word from the Federal Open Market Committee on the immediate future of interest rates.
The FOMC concludes a two-day monetary policy meeting today, with a decision on whether or not to change the federal funds rate target, which currently stands at 1.50%, impending.
To read the column in its entirety, go to The Bond Buyer web site.
Michael.Scarchilli-AT-sourcemedia-DOT-com

Calif. Market Close: Tax-Exempts Finish Weaker

After a string of substantial market rallies was halted yesterday by an unchanged session, the California municipal market was weaker today.
Traders said tax-exempts were weaker by four or five basis points.
To read the column in its entirety, go to The Bond Buyer web site.
Michael.Scarchilli-AT-sourcemedia-DOT-com

Market Close: Munis End Weaker

After a string of substantial market rallies was halted yesterday by an unchanged session, the municipal market was weaker today.
Traders said tax-exempts were weaker by four or five basis points.
To read the column in its entirety, go to The Bond Buyer web site.
Michael.Scarchilli-AT-sourcemedia-DOT-com

Market Post: Munis Weaker in Afternoon Trade

After a string of substantial market rallies was halted yesterday by an unchanged session, the municipal market was weaker this afternoon. Traders said tax-exempts were weaker by five or six basis points.
“The very long end is off as much as eight or so basis points. The market overall isn’t down much more than five, but there is a lot of weakness out long,” a trader in Los Angeles said. “It was bound to happen. That consumer confidence report didn’t do us any favors either.”
To read the column in its entirety, go to The Bond Buyer web site.
Michael.Scarchilli-AT-sourcemedia-DOT-com

Market Post: Munis Slightly Weaker in Morning Trade

After a string of substantial market rallies was halted yesterday by an unchanged session, the municipal market was weaker this morning.
Traders said tax-exempts were weaker by 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

Calif. Market Close: Tax-Exempts Finish Mostly Flat

After several dramatic rallies last week, the pace of the California municipal market slowed today. Traders said tax-exempts were unchanged to slightly firmer today.
“We were firmer in the morning, right when we first got here, but that firmness has gone away a bit as the Treasury market has turned around,” a trader in Los Angeles said. “We’re probably still a bit better, though it’s probably closer to one basis point, and it’s unchanged in some spots.”
To read the column in its entirety, go to The Bond Buyer web site.
Michael.Scarchilli-AT-sourcemedia-DOT-com

Market Close: Munis Unch to Slightly Firmer

After several dramatic rallies last week, the pace of the municipal market slowed today. Traders said tax-exempts were unchanged to slightly firmer today.
“We were firmer in the morning, right when we first got here, but that firmness has gone away a bit as the Treasury market has turned around,” a trader in Los Angeles said. “We’re probably still a bit better, though it’s probably closer to one basis point, and it’s unchanged in some spots.”
To read the column in its entirety, go to The Bond Buyer web site.
Michael.Scarchilli-AT-sourcemedia-DOT-com

Market Post: Munis Unch to Slightly Firmer in Afternoon Trade

After several dramatic rallies last week, the municipal market is unchanged to slightly firmer today.
“We were firmer in the morning, right when we first got here, but that firmness has gone away a bit as the Treasury market has turned around,” a trader in Los Angeles said. “We’re probably still a bit better, though it’s probably closer to one basis point, and it’s unchanged in some spots.”
To read the column in its entirety, go to The Bond Buyer web site.
Michael.Scarchilli-AT-sourcemedia-DOT-com