Manufacturing activity in the Federal Reserve Bank of Kansas City's region "declined further in December, though by smaller amount than in October or November," according to the bank's monthly manufacturing survey, released Friday.
Kansas City Fed Mfg Survey: Activity Declines
DEC 21, 2012 11:00am 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.
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The Roosevelt Hotel, New York, NY