Seigel, Gary E.
September 2008
Bond Buyer;9/25/2008, Vol. 365 Issue 32969, p2
Trade Publication
The article offers news briefs related to municipal bonds in the U.S. According to Federal Reserve Board Chairman Ben Bernanke, real gross domestic product (GDP) will grow at a pace below its potential rate in the second half of 2008. The National Association of Realtors revealed that the existing home sales decreased by 2.2% in August to a seasonably adjusted 4.91 million-unit rate. The Treasury Department has auctioned $34 billion of two-year notes with a two percent coupon at a 2.115% yield.


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