It’s an important week for the fixed income markets: Ben Bernanke, the chairman of the Federal Reserve, will hold his first press conference on Wednesday.
Bernanke joins his European Central Bank counterpart Jean Claude Trichet in the practice of fielding questions after the central bank announces its policy stance.
Pundits and bloggers are weighing in with questions and Reuters reporter Kristina Cooke (twitter handle @kristinacooke) is encouraging her followers to tweet her questions for the chairman.
Fixed markets are all about the linkages between the rate on the 10-year Treasury note and other classes of bonds so this is an important event for muniland too. Stay tuned.
Riding the Federal cash flow
Bond Buyer writes today about a large deal coming to market this week for the Broad Institute in Cambridge, Massachusetts. (Shown in photo).