The tax-exempt market continued to cheapen Tuesday afternoon as yields increased across the curve and traders looked to dump bonds.
Market Post: As Munis Cheapen, Retail Jumps In
DEC 11, 2012 2:12pm 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