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Fed's Lacker: $85B/Mo. Bond Buys Risk Higher Inflation, Expectations
Market News International | Friday, December 14, 2012
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Richmond Federal Reserve Bank President Jeffrey Lacker Friday renewed his warnings that the Fed's prolonged asset buying could drive up inflation and unhinge inflation expectations.

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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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