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Tuesday July 08, 2008
Calif. Market Close: Tax-Exempts Finish Slightly Firmer
The California municipal market was slightly firmer today.
“We saw quite a bit of firmness on the very short end, but overall, we’re better about two or three basis points,” a trader in Los Angeles said. “There wasn’t a whole lot of activity, but the tone was unquestionably firmer.”
The California municipal market was slightly firmer today.
“We saw quite a bit of firmness on the very short end, but overall, we’re better about two or three basis points,” a trader in Los Angeles said. “There wasn’t a whole lot of activity, but the tone was unquestionably firmer.”
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 08, 2008 04:25 PM ) Permalink | Comments[0]