Markets - Market News
Dallas Fed Manufacturing Survey Activity Shows Slower Expansion
Monday, December 31, 2012
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Texas factory activity, as measured by the production index, rose in December at a faster rate than in November, according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released Monday.

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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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