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Markets - Market News
Market Post: Munis Hold Steady as Traders Look to Next Week
by: Taylor Riggs
Friday, December 7, 2012
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The tax-exempt market traded mostly steady Friday afternoon even as Treasuries continued to weaken on positive economic data.

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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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