Muni bonds selling a full 100 bps above 5 year treasuries

Discussion in 'Wall St. News' started by canuckrookie, Feb 29, 2008.

  1. Just saw it on CNBC. Billions of dollars in muni bonds being dumped onto the market by hedge funds resulting in yields higher than 5 year treasuries.
  2. Bogus. Unsustainable.
  3. Munis will be an even bigger bargain at 200, 300 & 500 basis points over the 5-Year Note. We'll see.
  4. I agree. I think they will be scooped up when more forced selling for liquidity by the hedgies occurs.
  5. Anyone got any good muni ideas?
  6. Seriously. Anyone with some muni expertise feel free to speak up.

    P.S.- How you been Wags?
  7. this is worth investing>>
  8. but with the news on recession, will it still be good?
  9. bond selling is always lucrative as ever
  10. MGJ


    What a shame the CBOT delisted the Muni Bonds futures contract. Wouldn't it have been a joyride, from August till now?
    #10     Mar 1, 2008