Munis Ease as Treasury Losses Bring Out Arbitrage Sellers

Johnson, Anastasija; Curran, Bill
January 2006
Bond Buyer;1/20/2006, Vol. 355 Issue 32302, p2
Trade Publication
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.


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