TITLE

Core PPI, Bernanke's Speech Weigh Down Munis

AUTHOR(S)
Curran, Bill
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/22/2006, Vol. 355 Issue 32344, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the weakening of the tax-exempt bond market in the United States on March 21, 2006. An ambiguous speech by the chairman of the United States Federal Reserve Board Ben S. Bernanke has led investors to revise upward their expectations of monetary tightening. Prices decline while yields increased by three to four basis points.
ACCESSION #
20282088

 

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