With Congress and the Obama administration honed in on resolving the national budget crisis and avoiding the fiscal cliff, it's unlikely the already squeezed transportation sector will avoid a hit, predicted sector specialist Jane Garvy.
Transportation Will Likely Take a Hit in Washington's "Grand Bargain"
NOV 29, 2012 5:39pm ET
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A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY