Munis Firm, Treasuries Off Ahead of 30-Year's Return

Johnson, Anastasija; Curran, Bill
February 2006
Bond Buyer;2/9/2006, Vol. 355 Issue 32316, p2
Trade Publication
The article reports on the reintroduction of the 30-year U.S. government treasury bond. The municipal bond market changed little in response to the dealers' concession of bonds. According to the traders, though the yields from the 10-year note decreased, most of the grants remain unchanged. A strong demand for the three treasury refunding auctions is emphasized by the authors. George Goncalves, a treasury and agency trading desk strategist, said that the auction was well-received.


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