The tax-exempt market saw a pickup in activity Friday afternoon as traders said year-end positioning of bonds helped the market trade firmer.
Market Post: Year End Repositioning Pushes Munis Higher
DEC 28, 2012 2:23pm 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