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Market Close: Buying Sets New Record Low Yields, Again

NOV 9, 2012 4:22pm ET

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.

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Comments (1)
Munis are the game at this point and likely shall not be a losing bet going forward for some time to come . Yields can be an issue , the safety and income is a bet if great uncertainty and possible wide changes in policy are anticipated or even possible .
Principal funds , not just gains may begin finding their way into munis and even corporates . Taking the gain and some of the risk off the table is perhaps already happening and it is going into Bonds .
Bond Bull Market started a few months back and has been gaining speed . I'M in .
Posted by Edwarf P | Sunday, November 11 2012 at 9:43PM ET
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