Markets - Market News
Market Post: Munis Continue to Cheapen on Supply Overload
Thursday, December 13, 2012
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The tax-exempt market continued to weaken throughout Thursday's trading session as traders said the market appeared to cheapen up as the day progressed.

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A recent research paper suggests widespread violations of MSRB fair pricing rules are rampant in the municipal market. But scratching just below the surface reveals serious flaws in the methodology and assumptions underlying the authors' conclusions.

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