Markets - Market News
Richmond Fed: Mfg Activity Gained 'Moderately'
Tuesday, November 27, 2012
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Manufacturing activity in the central Atlantic region "advanced moderately" in November, according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index reversed to positive 9 from negative 7 in October.

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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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