Markets - Market News
Market Post: Munis See Quiet Start After 3-Day Weekend
Tuesday, January 22, 2013
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The tax-exempt market struggled to clear away the cobwebs Tuesday morning as activity was slow to start.

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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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