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December Retail Sales Rise 0.5%; Ex-Autos Climb 0.3%
by: Kyle Glazier
Tuesday, January 15, 2013
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Retail sales rose 0.5% to $415.7 billion in December after climbing a revised 0.4% in November, originally reported as a 0.3% increase, the Commerce Department reported Tuesday.

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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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