The tax-exempt market received deals better than expected as the benchmark muni yield scale showed bumps across the curve even as Treasuries weakened.
Market Close: New Deals Well Received as Focus Stays on Primary
NOV 6, 2012 3:08pm ET
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A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY