TITLE

Munis End Higher, Treasures Rise As Oil Prices Reach Record Levels

AUTHOR(S)
Johnson, Anastasija
PUB. DATE
October 2004
SOURCE
Bond Buyer;10/13/2004, Vol. 350 Issue 31988, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article claims that municipal bond prices finished higher as oil prices hit a new record level sending treasuries higher, in a move that encouraged better bids in the tax-exempt sector. These gains come on top of the advance the tax-exempt market made Friday, when weaker-than-expected employment figures raised concerns about the pace of economic growth and sent bond markets rallying. Treasuries tend to rise when oil prices go up, as higher energy costs are expected to slow down the economy and eventually bring about a break in Fed tightening.
ACCESSION #
14718369

 

Related Articles

  • Municipal Bonds Offer Attractive Yields.  // Money Management Executive;11/17/2008, Vol. 16 Issue 44, p5 

    The article reports on the move of the investors of developing municipal bonds which are tax free and delivers higher yields in the U.S. Accordingly, capitalists and financiers in regions with high taxes and in high tax brackets would particularly benefit from investing in municipal bonds. It...

  • Oregon Economy Growing, Says State Forecast. Glazier, Kyle // Bond Buyer;8/31/2015, Vol. 1 Issue 34369, p1 

    While growth rates and the trajectory of the economy have improved considerably, Oregon is not yet fully healed from the recession and may suffer from the retirement of older workers, the state's economic forecast showed.

  • With First Wave of Issuance Digested, Focus Turns to Chicago BOE Deal. Weitzman, Aaron; Barnett, Chip; Shields, Yvette // Bond Buyer;1/27/2016, Vol. 1 Issue 34450, p1 

    Muni yields were unchanged Tuesday as deals from issuers in Virginia, California, Nebraska and New York hit the market ahead of most anticipated deal so far this year -- the $875 million issue from the Chicago Board of Education.

  • Municipals Finish Higher, Gaining Strength Towards End of Session. Johnson, Anastasija; Curran, Bill // Bond Buyer;4/29/2005, Vol. 352 Issue 32122, p2 

    The article reports that the municipal bond market rose, gaining strength towards the end of the session along with Treasuries despite a mixed gross domestic product report that showed a cooling in economic growth but increased inflationary risk. In the first part of the session, municipal bond...

  • Municipals Head North, Favoring Long Term, As Supply Increases. Johnson, Anastasija // Bond Buyer;5/16/2005, Vol. 352 Issue 32133, p2 

    The article reports that the municipal bond market moved higher on Friday with most firmness seen on the long end, which cheapens on a relative basis when Treasuries rally, attracting investor demand. Traders said bonds changed hands at yields that were as much as three and four basis points...

  • New Jersey EDA Slated to Sell $2.2B. Coen, Andrew // Bondbuyer.com;8/21/2015, p1 

    The New Jersey Economic Development Authority (NJEDA) is selling $2.2 billion in bonds next week marking the largest deal in the municipal market so far in 2015.

  • Riding The Curve.  // Emerging Europe Financial Alert;1/19/2004, Vol. 2 Issue 33, p1 

    This article reports that the opening weeks of 2004 have seen a flood of new dollar-denominated bond issues from EM sovereigns. The fact that several EM sovereigns are seizing the opportunity to issue new long-term bonds cheaply in the U.S. market in order to fund their budget shortfalls right...

  • Munis Lose Traction, Following Falling Treasuries on Mixed Data. Chesla, Nicholas; Johnson, Anastasija // Bond Buyer;4/30/2004, Vol. 348 Issue 31874, p2 

    Reports developments related to bonds in the U.S. as of April 2004. Percentage of growth in the economy during the fourth quarter of 2003; Increase in jobless claims according to bond market analyst John Pietanza; Price given by Bear Stearns & Co. of the Ohio state facilities bonds for...

  • Sectors Grow At Faster Pace Than Overall Market. Slavin, Robert // Bondbuyer.com;8/14/2015, p1 

    Backed by refunding volume driven by low interest rates, sector-by-sector issuance outpaced the growth in the overall municipal market in the first half of 2015.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

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

Try another library?
Sign out of this library

Other Topics