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Thursday September 04, 2008
Market Post: Munis Slightly Firmer in Morning Trade
The municipal market was slightly firmer this morning, following Treasuries.
“We’re seeing a bit of firmness,” a trader in New York said. “I don’t think that we’re more than a basis point or two better, but Treasuries are doing better, and there’s a noticeable firmer tone in munis.”
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] ( September 04, 2008 10:58 AM ) Permalink | Comments[0]
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