Markets - Buy Side
Assured Guaranty Operating Income Improved in Third Quarter: Updated
Thursday, November 8, 2012
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Bond insurer's Assured Guaranty Ltd.'s operating income improved in the third quarter of 2012 to $166 million from $38 million in the third quarter of 2011.

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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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