Midday Market Observations

Market Overview  | Corporate Bonds | Securitized Products

The muni market is quiet today with the yield curve unchanged. The high yield sector is also quiet and unchanged. Puerto Rico is up slightly with the bellwether 8%GO bonds up ¼ of a point, along with other post 2012 GO bonds up ¼ of a point as well. The senior COFINA revenue bonds were down ¾ of a point. Taxable yields are up by as much as 6.5bps in the belly of the curve.
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