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.
Market Post: Lack of Follow-Through Muting Munis
DEC 3, 2012 1:54pm 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