TITLE

Munis Firmer as Traders Stay on Sidelines

AUTHOR(S)
Scarchilli, Michael; Posner, Matthew
PUB. DATE
March 2007
SOURCE
Bond Buyer;3/5/2007, Vol. 359 Issue 32579, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the condition of the municipal market in the U.S. According to traders, tax-exempt yields were lower by about one basis point. The Municipal Securities Rulemaking Board were also unchanged to slightly firmer. A mild gains was shown by the Treasury market. Expected new-issue volume increased up to an anticipated $8.7 billion from $4 billion in the previous week.
ACCESSION #
24342003

Tags: BOND market;  MUNICIPAL bonds;  TAX-exempt securities;  GOVERNMENT securities

 

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