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Nearly all of The Bond Buyer’s weekly yield indexes declined this week, as the market firmed up in most of the week’s sessions.
June 26 -
Outflows among tax-exempt money market funds increased to $3.03 billion for the week ending June 22, as total assets fell to $459.98 billion, according to the Money Fund Report, a service of iMoneyNet.com.
June 26 -
When asked why anybody would buy a corporate bond now that a taxable municipal bond alternative is available, Peter Coffin offered an inspired answer: “I don’t know.”
June 26 -
Legislation authorizing the U.S. Food and Drug Administration to regulate cigarettes beat back a rally in tobacco bonds this month.
June 24 -
The 10-year muni-Treasury ratio is back to normal. Whether it will stay there is debatable.
June 22 -
The torrential downpour of cash upon municipal bond mutual funds has eased to mere rainfall.
June 22 -
The municipal market this week will again see a generous slate of new issues, led by $800 million of personal income tax revenue bonds from the Dormitory Authority of the State of New York in the long-term market and $500 million of Idaho tax anticipation notes in the short-term market.
June 22 -
New York Life Investment Management agreed to buy the municipal bond firm Mariner Municipal Managers for an undisclosed amount, the company said this week.
June 19 -
The quarterly corporate-tax payment deadline on Monday was a key contributor of noticeable outflows among money market funds this week.
June 19 -
The Bond Buyer’s yield indexes were narrowly mixed this week, as three sessions of losses were sandwiched between two days of gains.
June 19
