TITLE

Most Bond Buyer Indexes Fall in Week, But 1-Year Note Rises to 3.73%

AUTHOR(S)
Scarchilli, Michael
PUB. DATE
July 2006
SOURCE
Bond Buyer;7/21/2006, Vol. 357 Issue 32428, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports most of the "Bond Buyer" weekly indexes has declined after U.S. Federal Reserve Board chairman Ben S. Bernanke gave a semiannual testimony to the Congress, reversing early-week losses and increased prices. Municipal market was stagnant, but carried a firm tone after the release of a weak economic data. Bernanke's testimony overshadowed the impact of the Consumer Price Index as market participants think that his comments indicated a pause in monetary tightening.
ACCESSION #
21784080

 

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