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Market Post: Munis Slightly Firmer in Morning Trade
The municipal market was slightly firmer today, following Treasuries, which showed gains after the August non-farm payrolls data came in weaker than expected.
Traders said tax-exempt yields were lower by two or three basis points.
To read the column in its entirety, go to The Bond Buyer web site.
Michael.Scarchilli-AT-sourcemedia-DOT-com
Posted by gsiegel [Today's BB Highlights] ( September 05, 2008 11:00 AM ) Permalink | Comments[0]
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