Munis, Treasuries Sell Off on Strong Data

Curran, Bill
May 2006
Bond Buyer;5/2/2006, Vol. 356 Issue 32372, p2
Trade Publication
The article reports on the performance of municipal and Treasury bonds in the U.S. The country's economic condition has influenced the increase in trading for these bonds. Traders claimed that the tax-exempt yields increased by three basis point. Investors expect a greater probability of continued increases to the federal funds rate.


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