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Thursday July 03, 2008
Market Post: Munis Slightly Firmer in Morning Trade
The municipal market was slightly firmer this morning, ahead of an early market close and a three-day weekend in observance of Independence Day tomorrow.
“The market is coming back now, it sold off earlier with Treasuries,” a trader in New York said. “It’s really quiet, though, lots of apathy, lots of people off today. It was a little bit easier this morning, but it’s probably going to come back to just a point off or unchanged for the day.”
To read the column in its entirety, go to The Bond Buyer web site.
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Posted by gsiegel [Today's BB Highlights] ( July 03, 2008 11:18 AM ) Permalink | Comments[0]