TITLE

Munis Ease as Treasury Losses Bring Out Arbitrage Sellers

AUTHOR(S)
Johnson, Anastasija; Curran, Bill
PUB. DATE
January 2006
SOURCE
Bond Buyer;1/20/2006, Vol. 355 Issue 32302, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on developments in the municipal bonds market in the U.S. Traders confirmed that municipal bond yields increased by one and three basis points. Large sellers prevailed in the market which discouraged buyers. The heavy selling was due to the supply and demand imbalances in the municipal bond and treasuries market.
ACCESSION #
19689664

 

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