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Teacher Impasse Hovers Over N.Y.C. Mayor's $70B Plan
Tuesday, January 29, 2013
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Mayor Michael Bloomberg introduced a $70.1 billion preliminary budget for New York City, while an impasse with the teachers union hovers over city finances.

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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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