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Monday August 25, 2008
Market Close: Munis Slightly Firmer
The municipal market was slightly firmer today, following Treasuries.
“We’re a bit better, maybe about two or three basis points, but there’s not a whole lot going on,” a trader in New York said. “I don’t imagine that we’ll see much of anything going on this week in terms of trading activity. There isn’t much supply coming, and whatever people aren’t already on vacation are looking forward to the three-day weekend next week.”
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] ( August 25, 2008 04:27 PM ) Permalink | Comments[0]