The tax-exempt market traded steady throughout the day Tuesday as traders waited for primary issuance to provide direction for the market.
Market Close: Munis End Flat, Awaiting Primary Issuance
JAN 22, 2013 4:41pm ET
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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