TITLE

Bonds Maturing After 10 Years Fall Between Two to Four Basis Points

AUTHOR(S)
Johnson, Anastasija; Curran, Bill
PUB. DATE
January 2005
SOURCE
Bond Buyer;1/14/2005, Vol. 351 Issue 32050, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The long end of the municipal bond market, supported by bond-friendly data, firmer Treasuries, and continuous demand from a wide range of investors, outperformed the front end of the curve again yesterday. Traders said yields on bonds maturing after 10 years fell between two to four basis points as prices rose, while shorter maturities remained unchanged as participants waded through numerous bid-wanted lists. The municipal bond market also found support from Treasuries, which held on to their gains after the Treasury Department sold 10 billion dollar of 10-year Treasury Inflation Protected Securities. The Commerce Department said retail sales rose 1.2 percent in December, while excluding autos, sales were up only 0.3 percent.
ACCESSION #
15684127

 

Related Articles

  • Muni Prices Firm 1/8 to 1/4 Point, Giving Support to New-Issue Deals. Monsarrat, Sean; Chesla, Nicholas // Bond Buyer;2/15/2002, Vol. 339 Issue 31326, p2 

    Reports on the support of municipal bond prices to price gains of U.S. Treasury Department. Action taken by the Federal Reserve bank regarding monetary policy; Improvement in the labor market and decrement in the job claims; Focus of Treasury department on the distribution of unsold...

  • Municipals Firm; $245 Million of Missouri Highway Bonds Price. Chesla, Nicholas; Johnson, Anastasija // Bond Buyer;11/13/2003, Vol. 346 Issue 31761, p2 

    Reports on the road bond deal of Missouri Highways and Transportation Commission. Implication of the successful five-year U.S. Department of Treasury's note auction for the government securities; Analysis of the initial jobless claims data; Expectation for a bounceback in initial jobless claims.

  • Wednesday's Market: Municipal Prices Finish Higher As Treasuries Gain on ISM Data. Monsarrat, Sean; Chesla, Nicholas // Bond Buyer;4/4/2002, Vol. 339 Issue 31538, p2 

    Reports that investors had bought municipal bonds in the secondary and new-issue markets in the U.S. Persuasion from the Department of the Treasury for bond improvements; Recovery of the national economy; Decline of the non-manufacturing service index.

  • Prices Off; 'January Effect' May Have Arrived Early. Johnson, Anastasija; Curran, Bill // Bond Buyer;12/6/2005, Vol. 354 Issue 32272, p2 

    The article discusses the reluctance of traders to bid for bonds due to U.S. Treasury losses and heaviness in tax-exemptions. Traders have estimated that municipal bond yields increased in two or three basis points. Prices also fell in trading. The Treasury Department plans to sell five-year and...

  • Munis Little Changed; Treasury Refunding Disappoints. Johnson, Anastasija; Curran, Bill // Bond Buyer;2/8/2006, Vol. 355 Issue 32315, p2 

    The article reports on the performance of municipal bonds in the U.S. as of February 7, 2006. The largest deals include a multimillion dollar offering from the Los Angeles School District. Investors have a positive outlook towards the U.S. Department of the Treasury's bond market. However, the...

  • Tepid Demand and Light Trading Close Shortened Thanksgiving Week. Chesla, Nicholas; Johnson, Anastasija // Bond Buyer;12/1/2003, Vol. 346 Issue 31771, p2 

    Reports on the impact of the Thanksgiving holiday on the bond market in the U.S. Decline of municipal bond prices; Auction of the multi-billion two-year notes by the Department of Treasury; Rise on the cash bond yield in the municipal market. INSET: MARKET SNAPSHOT: Monday, December 1.

  • Treasury Statement Sends Long-Terms Tumbling, But Market Finds Its Footing. Johnson, Anastasija; Curran, Bill // Bond Buyer;5/5/2005, Vol. 352 Issue 32126, p2 

    The article reports that the U.S. Dept. of the Treasury set the tone for the municipal bond market when it announced it might resume issuing 30-year bonds in 2006. The unexpected news sent long Treasuries tumbling, but the market found its footing, allowing tax-exempts to finish just a touch...

  • Muni Bond Indexes Weaken. Weitzman, Aaron // Bond Buyer;8/24/2015, Vol. 1 Issue 34365, p1 

    The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was three basis points higher to 4.40% for the week ended Aug. 30 from 4.37% in the previous week.

  • Treasury 5-Year Notes Go at 1.463% High Yield.  // Bond Buyer;8/27/2015, Vol. 1 Issue 34368, p1 

    The Treasury Department auctioned $35 billion of five-year notes, with a 1 3/8% coupon, a 1.463% high yield, a price of 99.577196.

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