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Friday November 21, 2008
Market Close: Munis Unch to Slightly Weaker at Close
NEW YORK – The municipal market was unchanged to slightly weaker today, following Treasuries.
Traders said tax-exempt yields were unchanged to lower by three or four basis points in spots.
To read the column in its entirety, go to The Bond Buyer web site.Michael.Scarchilli-AT-sourcemedia-DOT-com
Posted by bondbuyer [Today's BB Highlights] ( November 21, 2008 04:00 PM ) Permalink | Comments[0]
Calif. Market Close: Tax-Exempts Finish Flat to Slightly Weaker
Michael.Scarchilli-AT-sourcemedia-DOT-com
Posted by bondbuyer [Today's BB Highlights] ( November 21, 2008 04:00 PM ) Permalink | Comments[0]
Market Post: Munis Unch to Slightly Weaker in Morning Trade
The municipal market was unchanged to slightly weaker this morning, following Treasuries.
“There isn’t a whole lot of movement that I’m seeing, but the tone is a little bit weaker,” a trader in New York said. “We’re pretty flat in certain areas, but we’re seeing losses of maybe a couple basis points in spots. It’s quiet though.”
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 21, 2008 10:59 AM ) Permalink | Comments[0]