Markets - Market News
Market Close: Munis Again Set Record Low Yields On Demand, Fiscal Cliff Woes
Wednesday, November 14, 2012
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The tax-exempt market continues to rally with new record low yields being set almost every day in the last week of trading.

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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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