Slight activity in the municipal market during the holiday week left tax-exempt yields mostly unchanged since last Friday, but accounted for mostly lower indexes.
Indexes Mostly Fall on Scant Trading
DEC 27, 2012 5:33pm 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