Municipals marked a day of rest following a torrid week of buying and record-setting yields as the bond markets closed for Veterans Day. Industry watchers said they were optimistic about investor demand and the overall state of the market.
Market Close: Munis Gear Up for the Rest of 2012
NOV 12, 2012 3:16pm 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