Yield Indexes Drop as Fed Leaves Funds Rate Unchanged

Walker, Susanne
September 2003
Bond Buyer;9/19/2003, Vol. 345 Issue 31723, p7
Trade Publication
Focuses on the factors influencing the drop of the Bond Buyer municipal bond yield indexes in the U.S. Changes in the trading activity; Decision of the Federal Reserve Board to leave the federal funds target rate unchanged; Increase in basis points after moderate new-issue activity.


Related Articles

  • High rates keep attracting buyers. Ulick, Jake // Bond Buyer;04/30/98, Vol. 324 Issue 30383, p1 

    Reports on the closing prices of secondary municipal bonds in the United States as of April 29, 1998. Entry of more than $1 billion in new money in the bonds market; Enforcement of cautious pricing strategy since April 27, 1998; Adoption of bias towards tightening interest rates at the US...

  • Yield Indexes Show Overall Decline, Following Weak Economic Data. O'Connor, Jeanine // Bond Buyer;06/02/2000, Vol. 332 Issue 30904, p35 

    Focuses on the `Bond Buyer' newspaper's yield indexes on municipal bonds in the United States as of June 2, 2000. Effort by the United States Federal Reserve Board to slow down the US economy; Index of general obligation yields.

  • P&C Companies Posted $6.4 Billion of Income in First Quarter. Fine, Jacob // Bond Buyer;6/25/2003, Vol. 344 Issue 31664, p6 

    Property and casualty insurance company profitability increased during the first quarter, as net income after taxes rose 20.6% over the first three months of 2002 to $6.4 billion. The first quarter results were driven by improved underwriting results and an increase in net investment gains,...

  • Households' Share Rose 11% to $845 Billion, Fed Says. Albano, Christine // Bond Buyer;3/15/2006, Vol. 355 Issue 32339, p7 

    The article reports on the increase in the household holdings share of the municipal securities as presented by the Federal Reserve Board in the U.S. According to Peter Delahunt, national institutional sales manager at Raymond James & Associates Inc., an increase in household ownership is...

  • Municipals Rise 1⁄8 to ¼ Point; New Deals Get Mixed Reception. Monsarrat, Sean; Chesla, Nicholas // Bond Buyer;3/27/2002, Vol. 339 Issue 31353, p2 

    Reports the increase of the municipal bonds in the U.S. Decline of durable goods orders; Efforts of the Federal Reserve Bureau to increase interest rates; Accounts on the pricing of the general obligation markets of Los Angeles Unified School District.

  • Municipal Bond Prices End Firm; Greenspan, New Issues on Plate. Monsarrat, Sean // Bond Buyer;4/15/2002, Vol. 340 Issue 31365, p2 

    Reports the growth of the municipal bonds in the U.S. Testimony from Federal Reserve Board chairman Alan Greenspan. Decline of the Treasury Rise of producer price index; Supply of available bonds in the primary and secondary market.

  • Municipals Jump � to 3/8 of a Point Amid Another Day of Equity Volatility. Chesla, Nicholas // Bond Buyer;7/12/2002, Vol. 341 Issue 31426, p2 

    Reports the increase of municipal bond prices in the U.S. Acceleration of the producer price index (PPI); Impact of PPI on inflation rate; Consideration of rate hikes by the Federal Reserve Board.

  • Liquidity, Longer WAMs Position Portfolios Well for Interest Rate Ease. Harris, Elizabeth E. // Bond Buyer;10/02/98, Vol. 326 Issue 30491, p6 

    Focuses on the United States Federal Reserve Board's decision to reduce interest rates on municipal bonds. Retention of municipal bonds' 77 days long weighed average maturity (WAM); Importance of maintaining a high WAM; Efforts of money market funds to keep a liquid portfolio.

  • Despite Greenspan Comments, Economists See Fed Buying Few Munis. Floyd, Daniel F. // Bond Buyer;02/15/2001, Vol. 335 Issue 31078, p4 

    Reports the purchase of few general obligation municipal bonds for the portfolio of Federal Reserve Board in the United States. Approaches to managing portfolio; Details on the dwindling supply of Treasury securities; Concerns over interest deductibles.


Read the Article


Sign out of this library

Other Topics