Munis Stabilize a Bit Following Volatility

Scarchili, Michael
December 2010
Investment Dealers' Digest;12/10/2010, Vol. 76 Issue 45, p10
Trade Publication
The article reports on the status of the municipal bond market in the U.S. as of December 9, 2010. It reveals that the market was mostly unchanged during the day because bond yields began to stabilize after two consecutive volatile sessions. It states that the participants of the market continue to deal with uncertainty over the future of the Build America Bond (BAB) program that will expire on December 31.


Related Articles

  • Municipals Edge Higher Following Policy Announcement Front Fed. Johnson, Anastasija // Bond Buyer;9/22/2004, Vol. 349 Issue 31974, p2 

    Reports on trading in the municipal bond market in the U.S. on September 21, 2004. Changes in municipal bond yields; Raising of the federal funds rate; Activity in the primary market.

  • Market Digests Fed Moves. Campbell, Dakin; Hanson, Matthew; Scarchilli, Michael // Bond Buyer;8/20/2007, Vol. 361 Issue 32695, p1 

    The article focuses on the pricing of about $12 billion of bonds in the municipal primary market despite the uncertainty of the market conditions in the U.S. The new bond issues coincided with the move of the Federal Reserve Board to lower the primary credit discount rate by 50 basis points....

  • The bonds of debt. WIRTZ, RONALD A. // Fedgazette;Nov2008, Vol. 20 Issue 6, p1 

    The article focuses on the effects of the U.S. financial crisis on the municipal bond market. The volatility of muni bonds started in August 2007 when defaults in subprime mortgages led to tight liquidity and increase in interest rates. The U.S. financial crisis in mid-September 2008 negated the...

  • Volatility to Affect New Issuance. Albano, Christine // Bond Buyer;9/22/2008, Vol. 365 Issue 32966, p1 

    The article reports on the market performance of municipal bonds in the U.S. on September 19, 2008. Although the municipal market showed slight gains, the volatility that rocked Wall Street will continue to affect new-issue volume in the market in the fourth week of the month. Several large...

  • Oregon GO Pricing Unaffected by Governor Swap. Webster, Keeley // Bond Buyer;2/20/2015, Vol. 1, p1 

    The political crisis in Oregon that ended its long-serving governor's political career was a non-event for the municipal bond market, showing no impact on a GO bond sale the day new governor Kate Brown took office.

  • Beware of Bad Benchmark Curves. Kalotay, Andrew // Bond Buyer;1/7/2016, Vol. 1 Issue 34440, p1 

    The municipal market is in a dire need of realistic optionless yield curves.

  • Muni Prices Weaken Ahead of Next Week's $5.1B Calendar. Barnett, Chip // Bond Buyer;10/26/2015, Vol. 1 Issue 34399, p1 

    Prices of top-rated municipal bond prices finished weaker on Friday, traders said, with yields from one to three basis points stronger.

  • Muni Prices Flat as Yellen Speaks, Supply Hits. Barnett, Chip; Weitzman, Aaron // Bond Buyer;11/5/2015, Vol. 1 Issue 34406, p1 

    Prices of top-rated municipal bonds were steady at mid-session, traders said, as a second wave of new issuance washed over the market on Wednesday.

  • Muni Market Heading Into 'Comfortable' $9.1B Week. Barnett, Chip; Weitzman, Aaron // Bond Buyer;10/31/2016, Vol. 1 Issue 34603, p1 

    Muni issuance is set for a return to a more comfortable level after two of the biggest weeks of the year.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics