Commentary
Commentary: What Market Professionals Think of Bond Insurance
by: William Hogan and William O’Keefe
Friday, October 26, 2012
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What do active participants in the municipal market really think about bond insurance?

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Opinion

Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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