Munis Unchanged in Slow Market

Posner, Matthew
December 2006
Bond Buyer;12/27/2006, Vol. 358 Issue 32536, p2
Trade Publication
The article presents an overview on the economic activity of the municipal bond market in the U.S. as of December 27, 2006. The yield on the benchmark 10-year Treasury note was quoted at 4.60% and the yield on the two-year note was quoted at 4.72%. The Federal Open Market Committee opted to hold the federal funds rate unchanged at 5.25%. Few smaller-sized competitive bond and note offerings will come to market starting December 27.


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