The tax-exempt market continued to outperform Treasuries this week as new issues in the primary market were well received and the secondary market was active, pushing yields lower across the board.
Muni Week in Review: Munis Post Gains For Week With Active Primary, Secondary
JAN 18, 2013 2:15pm ET
You must be registered to post a comment. Click here to register.
Already registered? Log in here
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