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Markets - Market News
Market Close: Munis End Strong Year on Flat Note
by: Taylor Riggs
Monday, December 31, 2012
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The tax-exempt market finished 2012 on a very quiet note after what has been a very active year in the municipal bond market.

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Commentary - When It May Be Virtually Free to Be Tax Free
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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