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November Chicago Fed Nat'l Activity Index Rebounds to Positive 0.10
Friday, December 21, 2012
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The Chicago Fed National Activity Index for November climbed to positive 0.10 from a revised negative 0.64 reading in October, while the three-month moving average (CFNAI-MA3) rose to negative 0.20 from a revised negative 0.59 in October, the Federal Reserve Bank of Chicago reported Friday.

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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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