Munis Firmer Amid Heavy Volume

Scarchilli, Michael
December 2010
Investment Dealers' Digest;12/17/2010, Vol. 76 Issue 46, p10
Trade Publication
The article reports that the municipal bonds market has remained firm after three days of weakness and unusually heavy volume on the long end. It notes that the gains in triple-A municipal scale for ten years has been set at 98.4% compared to Treasuries, while the 30-year municipal bonds has emerged at 104.6%. It reveals that the bonds which are redeemable at par in 2020 are rated triple-A by Standard & Poor's Corp.


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