Municipal Bonds

Richardson Adviser Helped JPMorgan Win New Mexico Bond Deals Under Review One of New Mexico Governor Bill Richardson’s senior political advisers lobbied the state on behalf of JPMorgan Chase & Co., which won a leading role on municipal bond deals under federal scrutiny and was a factor in his decision to withdraw from becoming U.S. commerce secretary.

Fed Aims to Narrow Spread Between Consumer, Corporate Rates and Treasuries Federal Reserve officials are focused on driving down the spreads between U.S. Treasury yields and consumer and corporate loans, after cutting the main interest rate to almost zero failed to revive lending.

Longer-Term Treasuries Little Changed as TIPS Sale Draws `Strong' Demand Longer-term Treasuries were little changed, erasing earlier losses, as a government auction of $8 billion in 10-year inflation-indexed notes drew the most demand in more than eight years.

Rates & Bonds 

Municipal Material Events