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U. of Mich. Final Dec. Index at 72.9 vs. 82.7 in Nov.
Friday, December 21, 2012
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The University of Michigan's final December consumer sentiment index reading was 72.9, compared to the preliminary December 74.5, the final November 82.7, and the preliminary November 84.9, according to market sources.

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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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