Municipals Finish Higher; Treasuries Rally on the Back of Economic Data

Johnson, Anastasija
September 2004
Bond Buyer;09/17/2004, Vol. 349 Issue 31971, p2
Trade Publication
The article reports on certain financial activities in the municipal bond market. The municipal bond market disregarded earlier concerns about unsold new-issue balances and large bid-wanted lists to finish higher yesterday, as Treasuries rallied on the back of benign inflation data and a weak regional manufacturing report. The yield on the benchmark 10-year Treasury note hit a new five-month low of 4.06% during yesterday's session after closing at 4.16% Wednesday, inspiring better bids in the tax-exempt sector.


Related Articles

  • 'Relentless Selling' Drags Down Munis. Curran, William; Scarchilli, Michael // Bond Buyer;5/15/2006, Vol. 356 Issue 32381, p2 

    The article reports on the performance of municipal bonds and Treasury bills in the U.S. Traders revealed that tax-exempt yields increased by two to four basis points while the 10-year treasury note yield grew by five basis points to 5.19 percent. The rising prices could lead to higher inflation...

  • Munis Finish Lower as Buyers Retreat Amid New Concerns About Inflation. Johnson, Anastasija; Curran, Bill // Bond Buyer;9/30/2005, Vol. 353 Issue 32229, p2 

    Reports that the municipal bond market finished lower as buyers retreated from the market amid concerns about inflation and new economic issues in the U.S. Loosening of offerings from traders; Cheaper trades reported by the Municipal Securities Rulemaking Board; Performance of treasuries after...

  • Munis Unchanged as Data Matches Expectations. Scarchilli, Michael; Campbell, Dakin // Bond Buyer;8/16/2007, Vol. 361 Issue 32693, p2 

    The article reports on the unchanged municipal bonds market in New York. It is stated that the municipal bonds in the state has been unchanged since the inflation data has matched the expectations. Information about the developments in trade as reported by the Municipal Securities Rulemaking...

  • Munis Climb and Treasuries Rally; $853M of N.Y.C. Bonds Repriced. Curran, Bill // Bond Buyer;5/19/2005, Vol. 352 Issue 32136, p2 

    The article reports that with a benign inflation report sparking a rally in Treasuries, the United States municipal bond market climbed higher and investors showed strong demand for a heavy calendar of new issues, including 853 million dollars of New York City tax-exempt paper. Traders said...

  • Munis, Treasuries Show Little Response to Data. Curran, William; Scarchilli, Michael // Bond Buyer;8/4/2006, Vol. 358 Issue 32438, p2 

    The article discusses the performance of the municipal bond market in the U.S. on August 3, 2006. Both the municipal bonds and Treasuries showed little reaction to economic data. Investors are still waiting for clues as to whether the Federal Open Market Committee will adjust monetary policy...

  • Munis Finish Easier as Treasuries Make Return to Positive Territory. Johnosn, Anastasija // Bond Buyer;10/19/2004, Vol. 350 Issue 31992, p2 

    Reports on the performance of the bond market in the U.S. for October 18,2 004. Performance of the municipal bond market; Tax-exempt bond performance.

  • Treasuries Find Stability; Munis Stop Decline. Johnson, Anastasija; Curran, Bill // Bond Buyer;2/3/2006, Vol. 355 Issue 32312, p2 

    The article reports on news and developments concerning the bond market, for the week ending February 3, 2006. The Treasuries registered a stable performance while the municipal bond market stopped its decline. However, traders are doubtful over the stability of the market as reported by the...

  • Muni Market Slows to Snail's Pace in Labor Day Prelude. Albano, Christine // Bond Buyer;8/25/2008, Vol. 365 Issue 32947, p6 

    The article reports on the performance of primary market and the municipal bond market in the U.S. According to Thomson Reuters, the primary market will see a skimpy sampling of moderately sized deal in the fifth week of August 2008, and the municipal market slows to a snail's pace in the last...

  • Munis Unchanged as Players Wait for FOMC Meeting. Scarchilli, Michael; Campbell, Dakin // Bond Buyer;5/9/2007, Vol. 360 Issue 32625, p2 

    The article provides updates concerning municipal bond market in the U.S. for May 2007. On May 8, the municipal market was unchanged with a firmer tone as participants sat on the sidelines ahead of May 9 scheduled Federal Open Market Committee meeting. According to one trader in New York, there...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics