Buyers Still Seeking Higher Yields in Low-Volume Market

Albano, Christine
March 2006
Bond Buyer;3/13/2006, Vol. 355 Issue 32337, p7
Trade Publication
The article reveals that investors are still seeking higher yields in the high-grade market in the United States. The author compares the performance of the municipal market over its Treasury counterpart during March to April 2006. The two largest deals in the market are a $650 million Chicago general obligation new-money and refunding sale and a $458.1 million Puerto Rico Convention Center District Authority hotel occupancy tax revenue bond sale.


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