The tax-exempt market extended its five-day firming streak as traders said demand for municipal bonds continues to outweigh supply and most likely will continue that theme through the end of the year.
Market Close: Buying Sets New Record Low Yields, Again
NOV 9, 2012 4:22pm ET
You must be registered to post a comment. Click here to register.
Already registered? Log in here
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