W. Peck Ferrin of BancAmerica Robertson Stephens

December 1997
Bond Buyer;12/29/97, Vol. 322 Issue 30300, p10
Trade Publication
States that according to W. Peck Ferrin, managing director of municipals at BancAmerica Robertson Stephens Incorporated in San Francisco, interest rates spiraled downward during the last eight months of 1997, which sent retail investors to take up short-term securities. Comments from Ferrin; What is the one positive thing that low rates bring; How the stock market interfered with municipals.


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