Markets - Market News
Market Close: Muni Yields Remain Stable as Large Deals Arrive
Tuesday, December 4, 2012
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The week's largest issues arrived fast and furious Tuesday. And as they did, investors snatched them quickly, lending the municipal market a solid mien as the year end approached.

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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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