Market Post: Munis Unch to Weaker in Morning Trade
Posted March 15, 2010The municipal market was unchanged to slightly weaker this morning, amid fairly light secondary trading activity.
“There’s a little bit of weakness out there, but there’s not a whole lot trading just yet,” a trader in New York said. “We’re fairly quiet. I’d call it somewhat unchanged to maybe down a basis point or so in spots.”
To read the column in its entirety, go to The Bond Buyer web site.
Michael Scarchilli
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