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Market Close: After Steady Week, Munis Fall Friday
by: Taylor Riggs
Friday, January 25, 2013
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The tax-exempt market finished what was mostly a flat week on a softer note Friday as yields rose across the curve.

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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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