The tax-exempt market managed to end Wednesday on a steady note, allowing the market to take a small breather after what has been a two-week collapse in municipal bond prices.
Market Close: After Losing Streak, Munis End Steady
DEC 19, 2012 5:13pm 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