TITLE

Munis Firm Modestly on Surge in Treasuries

AUTHOR(S)
Curran, William; Scarchilli, Michael
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/24/2006, Vol. 356 Issue 32366, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents updates related to the municipal bond market in the U.S. Majority of dealers experienced slow trading. The introduction of Treasuries contributed to a slight increase in trading. Traders observed that yields were unchanged on the front end of the curve. Treasuries have stabilized in that 5 to 5.05 percent range. However, the relative value of municipal bonds against Treasuries has declined.
ACCESSION #
20607957

 

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