The tax-exempt market took a breather, and even firmed up according to some accounts, from a recent selloff that saw muni yield soar almost 40 basis points on the long end.
Market Close: Muni Selloff Pauses, Even Reverses, As Traders Say Worst Is Over
DEC 20, 2012 4:16pm 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