The tax-exempt market saw plenty of demand this week and muni yields fell to new record lows with each trading session. Market participants expect the rally to continue into next week as limited supply won't come anywhere near to matching demand.
Market Post: Buying Spree Continues with Anemic Supply
NOV 16, 2012 11:12am ET
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"One of these things does not belong" is a catchy slogan and it comes to mind when looking at the latest tax policy ideas coming from Washington when looking at the municipal bond tax exemption. The exemption is not a result of the growth of a tax code designed to induce or reduce certain behaviors. Rather, it is the foundation for the flow of capital in a $3.7 trillion dollar market required to efficiently finance the nation's infrastructure.
the bond buyer conferences
March 26-28, 2014Fontainebleau Miami Beach, Miami Beach, FL
May 1- 2, 2014Hyatt Regency, Baltimore, MD