Munis Firm Due to Treasuries, Supply; N.Y.C. Issues $630 Million of GOs
- Munis Sell Off After Fed Funds Rate Increase, FOMC Inflation Warning. Johnson, Anastasija; Curran, Bill // Bond Buyer;3/23/2005, Vol. 351 Issue 32096, p2
Reports that the municipal bond market sold off yesterday after the Federal Reserve increased its fed funds rate 25 basis points to 2.75% as expected. Suggestion that pressures on inflation have picked up in recent months and pricing power is more evident; Assertion that market interpreted the...
- Munis Follow Treasuries Higher; Fed Raises Rates 25 Basis Points. Johnson, Anastasija // Bond Buyer;7/1/2004, Vol. 349 Issue 31917, p2
Reports on the move of municipal bonds to raise its lending rate after the U.S. Federal Reserve Board raised its target. Expectation for the Federal Reserve Board to maintain a very gradual approach regarding inflation; Decline in the yield of Treasury notes; Interest of value buyers in the...
- TBMA Sees Federal Funds at 5.5%, Muni Yields at 4.9% by Year's End. Ferris, Craig T. // Bond Buyer;6/28/2006, Vol. 356 Issue 32412, p5
The article discusses the outlook of the Bond Market Association of the performance of bonds and federal funds in the market in the U.S. The association is expecting the Federal Open Market Committee to increase federal funds rate to 5.25 percent. Moreover, the Federal Reserve is also predicted...
- Fed Lowers Rate By 25 Basis Points. Newman, Emily // Bond Buyer;6/26/2003, Vol. 344 Issue 31665, p2
In a move that brings target interest rates to their lowest levels since 1958, U.S. Federal Reserve Board policymakers on June 25, 2003 cut the federal funds rate by a quarter point to 1.00% and determined the bias was weighted toward a fall in inflation, following a weak bias in May. In a...
- Fed's Term Auction Facility Gets 4.65% Stop-Out Rate. Siegel, Gary E. // Bond Buyer;12/20/2007, Vol. 362 Issue 32778, p2
The article reports on the results of the U.S. Federal Reserve Board's (FRB) initial term auction facility. The FRB sold $20 billion of 28-day credits at a 4.65 percent stop-out rate. This was the lowest rate at which the offering amount cleared. With 3.08 bid-to-cover ratio, bids at the...
- Municipals Weaken, Yields Rise As Eyes Shift From Rita to Fed Hikes. Johnson, Anastasija; Curran, Bill // Bond Buyer;9/27/2005, Vol. 353 Issue 32226, p2
Reports on the economic indicators causing the weak performance of municipal bond market in the U.S. Rise in yields as investors refocused their attention on continuous rate hikes by the Federal Reserve Board; Rise on federal funds rate; Cutting of offerings before new deals hit the market.
- As I See It. Dodgson, Gregory E. V. // Grand Rapids Business Journal;12/15/2003, Vol. 21 Issue 50, p30
Examines the decision of the U.S. Federal Reserve Board to leave the federal funds rate unchanged on December 9, 2003. Factors providing support to economic activity; Indications of an improvement in the economy.
- NEWS IN BRIEF. // Bond Buyer;7/1/2004, Vol. 349 Issue 31917, p2
Reports developments related to municipal bonds in the U.S. as of July 1, 2004. Move of the Federal Reserve Board to raise the federal funds rate; Decline of the Chicago Purchasing Manager's Business Barometer; Increase in the business conditions index in New York.
- Munis Weaker as Fed Reserve Cuts Rate. Scarchilli, Michael // Bond Buyer;1/31/2008, Vol. 363 Issue 32806, p2
The article reports on the performance of the U.S. municipal bond market after the U.S. Federal Reserve Board opted to cut the federal funds rate target 50 basis points to 3%. According to Alan Levenson, chief economist at T. Rowe Price Associates Inc., the agency has taken the proper course of...