Markets - People
Obituary – H. Russell Fraser
Monday, November 26, 2012
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Russell Fraser, known in the municipal bond market as the founder of the financial guaranty business, died on Wednesday at the age of 71.

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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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