Real gross domestic product, the output of goods and services produced by labor and property located in the U.S., increased at an annual rate of 2.7% in the third quarter of 2012, according to the preliminary estimate released by the Commerce Department Thursday.
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.
the bond buyer conferences
September 25-27, 2013JW Marriott LA Live, Los Angeles, CA
October 27-29, 2013Crowne Plaza Times Square Manhattan, New York, NY