The tax-exempt market continued to weaken Thursday morning, continuing the trend of the week, though traders noted the movement was more a correction than a panicked selloff.
Market Post: Munis Weaken as Overbought Market Corrects
DEC 13, 2012 11:05am 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