TITLE

Munis Weaken as Treasury Losses Mount

AUTHOR(S)
Curran, William; Scarchilli, Michael
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/13/2006, Vol. 356 Issue 32360, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the market performance of the municipal bonds as of April 12, 2006 in the U.S. The municipal bonds market has weakened due to the deepening losses in government securities, which broke the confidence of trading participants in the U.S. According to George Goncalves, Treasury and agency strategist at Banc of America Securities, the sell-off was largely motivated by negative expectations of the market.
ACCESSION #
20517412

 

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