The tax-exempt market has extended its rally into the second half of the week as traders say supply has outweighed demand with cash on the sidelines finally being put to work, and the outlook isn't expected to change anytime soon.
Market Post: Muni Gains Extended Another Day as Buying Continues
NOV 29, 2012 1:54pm 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