Munis Plunge on Strong Jobs Data

Johnson, Anastasija
April 2004
Bond Buyer;4/5/2004, Vol. 348 Issue 31856, p1
Trade Publication
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.


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