Markets - Market News
Market Post: Lack of Follow-Through Muting Munis
Monday, December 3, 2012
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Investors, waiting for the coming calendar and armed with cash were expected to light up the secondary market with activity this week, but instead, traders report that all has been quiet on the buying front.

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Opinion

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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