Thursday's Market: Municipal Prices Gain 1/4 Point; Crossover Buying Improves Tone
- Another Down Day for Munis on Decent Data. Curran, William; Scarchilli, Michael // Bond Buyer;4/27/2006, Vol. 356 Issue 32369, p2
The article focuses on the condition of New York City's municipal bond market. The industry declined as many investors tend to capitulate on the market due to strong new-home sales and durable goods data. Traders observations for the causes of the decline in bond market include low in bond...
- Munis Weaker on 'Very Quiet' Monday. Scarchilli, Michael; Herman, Jack // Bond Buyer;6/24/2008, Vol. 364 Issue 32905, p2
The article comments on weak activities in the municipal market in the U.S. as of June 2008. The Federal Reserve will begin a two-day policy-setting meeting on interest rates citing inflation predictions. Economists polled by IFR Markets are predicting no change to durable goods. Key business...
- Municipal Yields Fall; $444 Million Of N.Y.C. TFA'S Priced for Retail. Chesla, Nicholas // Bond Buyer;10/28/2002, Vol. 342 Issue 31500, p2
Reports on the reduction in municipal bond yields between three and five basis points in the U.S. on October 25, 2002. Two-day retail order period on 444 million dollars of New York City Transitional Finance Authority future-tax-secured bonds; Decline in durable goods orders; Other retail orders.
- Analyst: Jump in durables won't threaten bonds. Patterson, Dean // Bond Buyer;07/28/97, Vol. 321 Issue 30196, p2
Reports on Nikko Securities Co. International analyst Dan Seto's claims that the unexpected increase in durable goods orders in the United States will have no implications for the bond market.
- Municipals Rise 1â„8 to Â¼ Point; New Deals Get Mixed Reception. Monsarrat, Sean; Chesla, Nicholas // Bond Buyer;3/27/2002, Vol. 339 Issue 31353, p2
Reports the increase of the municipal bonds in the U.S. Decline of durable goods orders; Efforts of the Federal Reserve Bureau to increase interest rates; Accounts on the pricing of the general obligation markets of Los Angeles Unified School District.
- Data-Free Day Leaves Munis Unchanged. Scarchilli, Michael; Posner, Matthew // Bond Buyer;12/21/2006, Vol. 358 Issue 32533, p2
The article reports on the lack of change of the municipal market following a stable Treasury market on a data-free day in the U.S. A 2.25 percent growth in gross domestic product, a 1.0 percent gain in durable good is forecasted by economists polled by IFR Markets. Nearly $385 million of...
- Directionless Munis End Week Flat to a Touch Lower. Johnson, Anastasija; Curran, Bill // Bond Buyer;2/27/2006, Vol. 355 Issue 32327, p2
The article reports on the performance of the municipal bond market in the United States on February 24, 2006. The sharp decline in durable goods orders failed to change the interest rate outlook. Prices on municipal bonds were flat or down according to traders as yields rose a basis point in spots.
- WEDNESDAY'S YIELDS. // Bond Buyer;4/27/2006, Vol. 356 Issue 32369, p1
The article presents graphs and tables on New York City's bond market as of April 26, 2006. Economic indicators include durable goods and new home sales. The bond industry weakened as the durable goods and new home sales gained strength in the market. A table depicting government securities...
- Municipals, Treasuries Weaken As Durable Goods Surge. Chesla, Nicholas; Johnson, Anastasija // Bond Buyer;4/26/2004, Vol. 348 Issue 31870, p2
Reports on the decline in municipal bond prices in the U.S. on April 23, 2004. Decline in the Treasury market; Rise in durable goods orders; Statements by Dreyfus Corp.'s economist Richard Hoey on sustainable economic growth and corporate spending on capital goods; Outflows of municipal bonds,...