Markets - Market News
Market Post: Munis Weaker as Street Looks to Sell Inventory
Wednesday, December 5, 2012
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With frustration over record low yields, the tax-exempt market weakened Wednesday morning as traders looked to take profits and sell inventory left on their books.

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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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