Municipal analysts and market participants warned that the re-election of President Barack Obama and the status quo with a divided Congress will likely make threats to tax exemption more plausible.
Market Participants Say Election Makes Muni Threats More Plausible
NOV 7, 2012 5:27pm 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