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Tuesday August 26, 2008
Market Post: Munis Slightly Weaker in Morning Trade
The municipal market was slightly weaker this morning, following Treasuries.
“We’re probably not off more than a basis point or two,” a trader in New Jersey said. “It just feels worse because there’s a lot of people on vacation, so there are not many bids.”
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] ( August 26, 2008 10:53 AM ) Permalink | Comments[0]
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