Markets - Market News
Smith's Muni All-Star Awards Go to 98 Professionals
Tuesday, December 11, 2012
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Some 98 muni professionals received awards in Smith's 20th annual All-Star program at a luncheon in New York last week. They were chosen by nearly 3,000 institutional investors.

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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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