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Thursday July 03, 2008
Market Close: Munis End Slightly Firmer
The municipal market was slightly firmer today, ahead of a three-day weekend in observance of Independence Day tomorrow.
“It’s quiet to say the least,” a trader in New York said. “There’s still some recent buying at the front of the curve thanks the reinvestment period and the lack of new issues. It’s probably continuing to get a bit firmer like earlier this week.”
To read the column in its entirety, go to The Bond Buyer web site.
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Jack.Herman-AT-sourcemedia-DOT-com
Posted by gsiegel [Today's BB Highlights] ( July 03, 2008 02:15 PM ) Permalink | Comments[0]
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