11. Municipal bonds fell as a wave of money from seasonal bond payments tapered off and benchmark government securities declined. 12. Rates on four-year fixed-rate auto loans were little changed in the past week, along with yields on benchmark government securities. 13. Rates on four-year fixed-rate auto loans rose in the past week, along with yields on benchmark government securities. 14. Still, the decline in municipal bonds was less than the drop in benchmark securities. 15. Tax-exempt securities have lagged the gains seen among benchmark government securities since the end of April when the possible consequences of potential tax reform were first highlighted. 16. The Bundesbank left its benchmark securities repurchase rate unchanged today. 17. The dollar first rose against the mark in European trading after the Bundesbank left its benchmark securities repurchase rate unchanged. 18. They purchased government benchmark securities. |