TITLE

Munis Plunge on Strong Jobs Data

AUTHOR(S)
Johnson, Anastasija
PUB. DATE
April 2004
SOURCE
Bond Buyer;4/5/2004, Vol. 348 Issue 31856, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that municipal bonds and Treasuries plunged on April 2, 2004 after an unexpected non-farm payrolls report changed the interest rate outlook in the U.S. Sell-off in the tax-exempt market; Employment report indicating 308,000 new jobs outside the farm sector in March 2004.
ACCESSION #
12745537

 

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