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Markets - Market News
Market Post: Munis Cheapen as Market Tries to Lighten Up
by: Taylor Riggs
Tuesday, December 11, 2012
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Fed up with low yields and too much inventory, the tax-exempt market went on a selling spree Tuesday morning as bonds were cheapened across the curve.

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Commentary - When It May Be Virtually Free to Be Tax Free
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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