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Monday November 03, 2008
Calif. Market Close: Tax-Exempts Finish Flat to Slightly Firmer
The California municipal market was unchanged to slightly firmer today.
“There’s a little bit of firmness, but not much. Probably not enough to move the scale even,” a trader in Los Angeles said. “But the tone is firmer. In some spots, maybe we’re better a basis point or two. But I’d call it unchanged overall.”
To read the column in its entirety, go to The Bond Buyer web site.
Michael.Scarchilli-AT-sourcemedia-DOT-com
Posted by gsiegel [Today's BB Highlights] ( November 03, 2008 04:45 PM ) Permalink | Comments[0]
Market Close: Munis Unch to Slightly Firmer
The municipal market was unchanged to slightly firmer today.
“There’s a little bit of firmness, but not much. Probably not enough to move the scale even,” a trader in Los Angeles said. “But the tone is firmer. In some spots, maybe we’re better a basis point or two. But I’d call it unchanged overall.”
To read the column in its entirety, go to The Bond Buyer web site.
Michael.Scarchilli-AT-sourcemedia-DOT-com
Posted by gsiegel [Today's BB Highlights] ( November 03, 2008 04:41 PM ) Permalink | Comments[0]
Market Post: Munis Largely Unch in Morning Trade
The municipal market was largely unchanged this morning.
“There’s not a whole lot going on right now,” a trader in New York said. “The new issue calendar is pretty light this week, and right now people are just sort of easing their way back in from the weekend. I see it pretty flat out there.”
To read the column in its entirety, go to The Bond Buyer web site.
Michael.Scarchilli-AT-sourcemedia-DOT-com
Posted by gsiegel [Today's BB Highlights] ( November 03, 2008 11:13 AM ) Permalink | Comments[0]