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.


Related Articles

  • Bid Fades After Lukewarm Interest in Treasury Notes. Johnson, Anastasua; Curran, Bill // Bond Buyer;1/12/2006, Vol. 355 Issue 32297, p2 

    The article reports on the failure of the bid in the municipal bond market. The reason behind the failure is the lack of interest shown by buyers. Traders said municipal bond yields edged one or two basis points higher as prices fell for the second straight session. The yield to par call on The...

  • Indexes Rise in Sparse Activity as Market Takes Lead From Treasury Weakness. Posner, Matthew // Bond Buyer;12/28/2007, Vol. 362 Issue 32782, p7 

    The article reports developments pertaining to the yield indexes in the U.S. bond market. It explores the weekly yield indexes for December 28, 2007 week as the market took its lead from weakness in Treasuries. It also presents several graphs depicting the 20-bond index, 11-bond index, revenue...

  • Munis Unchanged, But Tone Remains Weak. Scarchilli, Michael; Posner, Matthew // Bond Buyer;9/8/2006, Vol. 357 Issue 32462, p2 

    The article presents an analysis of the municipal bond market in the United States as of September 7, 2006. After some early losses, the Treasury market finished unchanged on the said date. The yield on the benchmark 10-year Treasury note closed at 4.79%, the same level at which it opened. While...

  • Despite Terror Plot, Muni Market Remains Unchanged. Scarchilli, Michael; Posner, Matthew // Bond Buyer;8/11/2006, Vol. 358 Issue 32443, p2 

    The article reports on the performance of the municipal bond market as of August 10, 2006 in the U.S. The news about the terror plot in Europe has not impacted the bond market. The Treasury market showed little movement with 10-year not opened at 4.94 percent from 4.93 percent, while two-year...

  • Munis Weaker Despite Treasury Gains. Scarchilli, Michael // Bond Buyer;2/22/2008, Vol. 363 Issue 32821, p2 

    The article reports on the weaker performance of the municipal bond market despite sizeable gains in the U.S. Treasury market. It was driven by the attention paid by participants to the auction-rate market, including the yields currently available there. The Treasury market became firmer as the...

  • The Digest.  // Bond Buyer;6/9/2005, Vol. 352 Issue 32150, p1 

    The article reports that insulated by relative value, the municipal bond market did not give up much ground yesterday, but the bid side eased on the long end in sympathy with Treasuries as participants turned defensive ahead of today's congressional testimony by Federal Reserve Board chairman...

  • Texas' $6.6B Note Sale Takes Center Stage, Boosts Supply. Albano, Christine // Bond Buyer;8/23/2004, Vol. 349 Issue 31953, p6 

    Reports on the note offering from Texas in the municipal bond market. Impact of the offering on the short-term market; Assignment of ratings on the notes; Interest of money market fund managers and other short-term investors on the transaction.

  • 'Itching' for a Comeback, Munis Move Higher on Treasuries' Heels. Johnson, Anastasija; Curran, Bill // Bond Buyer;6/23/2005, Vol. 352 Issue 32160, p2 

    This article reports that the municipal bond market rallied as many participants were forced to cover their shorts because of substantial gains in Treasuries that also made tax-exempts attractive on a relative basis, igniting crossover buying. Traders said prices rose and yields fell anywhere...

  • Munis Rally, But Not as Much as Treasuries. Riggs, Taylor // Bond Buyer;11/1/2011, Vol. 378 Issue 33608, p2 

    The article reports on the municipal (Munis) bond rally due to the fall of investment yields in muni market and as way to keep up with treasuries. It says that the Municipal Market Data (MMD) scale shows that close and tax-exempt yields had fell between two and eight basis points. Los Angeles...


Read the Article


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

Try another library?
Sign out of this library

Other Topics