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Wednesday, April 08, 2009

The mlp index is up nearly 2 points this morning after a slightly negative start. The high yield index closed at 2.99 yesterday and for now remains relatively supportive. No big losers this morning and only a handful of mlps are down by small fractions. No big winners either and most mlps are fractionally higher. Atlas Pipeline Partners (APL) is only a touch higher and Spectra Energy (SEP) is benefiting more ; up 60 cents on its deal with Atlas Pipeline on the purchase of the NOWARK gas system.

Trading appears boring and a bit directionless today at least so far.

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