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Market Midday Post: Buyers Flood Munis As Tax Hikes Loom
by: Taylor Riggs
Friday, November 30, 2012
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The tax-exempt market traded steady Friday afternoon after a huge rally throughout the week that has yields trading at their 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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