AT APA, WE BELIEVE THAT EVERY INVESTMENT IS A PROMISE OF THE FUTURE, AND IT’S OUR DUTY TO TURN THAT PROMISE INTO REALITY. WITH OVER 30 YEARS OF EXPERIENCE IN THE MUNICIPAL BOND SECTOR, WE AIM TO FIND THE PERFECT COMBINATION TO MEET YOUR CLIENTS’ GOALS. THAT’S WHY WE ARE HERE, TO METICULOUSLY CARE FOR EVERY DETAIL OF YOUR PORTFOLIO. CLIENT BY CLIENT. BOND BY BOND.
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SECONDARY MARKET STAR
The Best-Selling
Municipal Bond of the Month
During the month of August, the most actively traded bond in the secondary market was the New Jersey Turnpike Authority Revenue Bond.
It boasts an impeccable credit rating, making it a reliable choice for risk-averse investors. Its issuer has a proven track record of meeting financial obligations.
MARKET COMMENTARY
THE SECOND QUARTER BEGAN WITH A STRONGER THAN FORECAST EMPLOYMENT REPORT, INDICATING SOLID JOB GAINS AND REVISIONS UPWARD FOR PREVIOUS MONTHS. ADDITIONALLY, THE APRIL 10TH RELEASE OF THE MARCH CPI CAME IN ABOVE FORECAST AT 3.5% AND CONTINUED A STRING OF HIGHER-THAN-EXPECTED DATA.