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Markets - Market News
Strong Buying Drives Munis Further Into Record Territory
by: James Ramage
Thursday, November 15, 2012
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Back-to-back holiday weeks combined with robust demand have kindled a strong rally in the municipal market and driven some muni bond indexes to levels they haven’t seen in more than 45 years.

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Commentary - When It May Be Virtually Free to Be Tax Free
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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