Initial claims for U.S. state unemployment benefits jumped more than expected in the January 26 week, up 38,000 to 368,000 after plunging to its lowest level in five years in the previous week, the Labor Department reported Thursday.
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.
the bond buyer conferences
September 25-27, 2013JW Marriott LA Live, Los Angeles, CA
October 27-29, 2013Crowne Plaza Times Square Manhattan, New York, NY