Munis Gain From Treasury Boost As Payrolls Are Revised Downward

Chesla, Nicholas
August 2004
Bond Buyer;8/9/2004, Vol. 349 Issue 31943, p2
Trade Publication
Reports that municipal bonds in the United States rose on August 6, 2004. Lead from Treasuries which surged when July non-farm payrolls rose 32,000; Downward revision of the June payrolls; Comments of Hugh Johnson, chief investment officer at First Albany Capital Inc.; Rally by the bond market and decline in the stock market.


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