The tax-exempt market had a rough ride this week as yields jumped as much as 13 basis points on the long end and municipal bond funds saw their largest weekly outflows since January 2011.
Market Post: Muni Decline Continues as Year End Approaches; Funds See Outflows
DEC 21, 2012 11:27am 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