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Markets - Market News
Market Close: More Record Low Yields Amid Uncertainty, Limited Supply
by: Taylor Riggs
Wednesday, November 28, 2012
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Uncertainty in the broader market, coupled with much more demand than supply in the municipal bond market, pushed tax-exempts higher for the third session as yields fell to fresh record lows.

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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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