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Market Post: Munis Continue to See Lackluster Trading Day
by: Taylor Riggs
Tuesday, January 29, 2013
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The tax-exempt market continued to have an unusually quiet Tuesday afternoon as traders said the primary was quiet and bonds in the secondary looked too expensive to trade.

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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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