Munis Firm Following Bernanke Testimony

Curran, William; Scarchilli, Michael
July 2006
Bond Buyer;7/20/2006, Vol. 357 Issue 32427, p2
Trade Publication
The article provides updates on the municipal bond market in the U.S. It also mentions about the statement of the Federal Reserve Board chairman Benjamin S. Bernanke, concerning the economic impact of these bonds. The 10-year Treasury note reached 5.18 percent after opening at 5.14 percent, while the two-year note reached a high of 5.25 percent, which is up from 5.19 percent at the open.


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