Calif. Market Close: Tax-Exempts Finish Slightly Weaker
Posted September 2, 2010NEW YORK – The California municipal market was flat to slightly weaker Thursday amid light to moderate secondary trading activity, with market participants mostly sitting on the sidelines ahead of the upcoming long weekend. To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Market Post: Munis Flat in Morning Trade
Posted September 2, 2010The municipal market was mostly flat Thursday, amid light to moderate secondary trading activity.“We’re pretty flat at this point,” a trader in New York said. “There isn’t a whole lot trading, as has been the case all week.”To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Market Close: Munis Flat, Slightly Weaker at Close
Posted September 2, 2010NEW YORK – The municipal market was flat to slightly weaker Thursday amid light to moderate secondary trading activity, with market participants mostly sitting on the sidelines ahead of the upcoming long weekend. To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Market Post: Munis Flat to Weaker in Morning Trade
Posted September 1, 2010The municipal market was unchanged to slightly weaker Wednesday in light to moderate secondary trading activity.“There’s actually a little bit of weakness out there right now,” a trader in New York said. “There isn’t a ton of activity, so I’m not sure if they’ll cut the scale ultimately, but it feels off maybe a basis point or two.”To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Market Close: Munis Slightly Weaker at Close
Posted September 1, 2010NEW YORK – Yields in the municipal market increased slightly Wednesday in light to moderate secondary trading activity. To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Calif. Market Close: Tax-Exempts Finish Slightly Weaker
Posted September 1, 2010NEW YORK – Yields in the California municipal market increased slightly Wednesday in light to moderate secondary trading activity. To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Market Post: Munis Flat, Firmer Tone in Morning Trade
Posted August 31, 2010Tax-exempts were unchanged to slightly firmer Tuesday amid light to moderate secondary trading activity.“There’s a bit of a firmer tone,” a trader in New York said. “There isn’t a whole lot of activity though, so I’m not sure you can call it anything other than flat at this point. Maybe we’re better a basis point or so, but there’s just not a lot trading.”To read the column in its entirety, go to The Bond Buyer…
[Read More]Calif. Market Close: Tax-Exempts Finish Firmer
Posted August 31, 2010NEW YORK – California tax-exempts were slightly firmer Tuesday as 20-year municipals dropped to another record low, albeit with light to moderate secondary trading activity. To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Market Close: Munis Slightly Firmer at Close
Posted August 31, 2010NEW YORK – Tax-exempts were slightly firmer Tuesday as 20-year municipals dropped to another record low, albeit with light to moderate secondary trading activity. To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Market Close: Munis Flat, Firmer Tone at Close
Posted August 30, 2010NEW YORK - Tax-exempts were unchanged to slightly firmer Monday, kicking off what is typically a light week in the municipal market with a sparsely-traded session.
[Read More]Market Post: Munis Flat, Firmer Tone in Morning Trade
Posted August 30, 2010The municipal market was flat with a slightly firmer tone Monday morning, amid fairly light secondary trading activity.“I’d say we’re pretty much flat at this point, but there is still a firmer tone out there,” a trader in New York said. “Even with yields moving up Friday, I think it’s still very much a firm market out there, and there’s a much better chance yields go down again today than rise.”To read the column in…
[Read More]Calif. Market Close: Tax-Exempts Unch to Firmer
Posted August 30, 2010NEW YORK - Tax-exempts were unchanged to slightly firmer Monday, kicking off what is typically a light week in the California municipal market with a sparsely-traded session.
[Read More]Market Post: Munis Hold Steady in Morning Trade
Posted August 27, 2010The municipal market was mostly unchanged Friday amid light to moderate secondary trading activity.The flatness, which began Thursday, follows Wednesday’s rally, which dropped muni yields to all-time lows for the 12th time in the past three weeks, pushing 10-year tax-exempt yields below 2.20% and 30-year munis lower than 3.70% for the first time in history.To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Market Close: Munis Weaken For First Time in August
Posted August 27, 2010NEW YORK – Yields in the municipal market edged higher for the first time this month Friday following comments by Federal Reserve chairman Ben Bernanke that indicated the Fed would take “unconventional measures” to fix the economy if needed. To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
[Read More]Calif. Market Close: Tax-Exempts Weaken For First Time in August
Posted August 27, 2010NEW YORK – Yields in the California municipal market edged higher for the first time this month Friday following comments by Federal Reserve chairman Ben Bernanke that indicated the Fed would take “unconventional measures” to fix the economy if needed. To read the column in its entirety, go to The Bond Buyer web site.Michael Scarchilli…
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