Federal Reserve Board Vice Chair Janet Yellen suggested Tuesday the Fed may need to hold the federal funds rate near zero even longer than she and her fellow Fed policymakers have previously said.
Janet Yellen: 'Optimal' to Keep Near-Zero Rate to 2016
NOV 14, 2012 7:43am 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