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November Non-Farm Payrolls Up 146,000; Jobless Rate 7.7%
Market News International | Friday, December 7, 2012
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The November employment report was stronger than expected and the Bureau of Labor Statistics said Hurricane Sandy did not substantively impact the report because responses were within the normal range.

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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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