Minneapolis Federal Reserve Bank President Narayana Kocherlakota Tuesday expressed comfort in the Fed's current level of asset purchases and its language, but noted that analyzing the Fed buying and structural labor market changes are evolving while inflation seems not to be a major problem.
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.
the bond buyer conferences
September 25-27, 2013JW Marriott LA Live, Los Angeles, CA
October 27-29, 2013Crowne Plaza Times Square Manhattan, New York, NY