Munis Catch Up With Treasuries, As Economists Fear 'Soft Patch'

Johnson, Anastasija; Curran, Bill
April 2005
Bond Buyer;4/18/2005, Vol. 352 Issue 32113, p2
Trade Publication
Reports on the rise of the municipal bond market coinciding with a rally in Treasuries, which reflected expectations of slower economic growth and less aggressive tightening by the Federal Reserve in the U.S. Impact of volatility in the corporate bond sector on tax-exempts; Comment of Michael McGlone, Treasury futures market analyst at ABN Amro Inc. on the early market activity in the government bond market; Decline of yields on 10-year triple-A-rated municipal bonds.


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