Bonds for the city of Glendale, Ariz.'s $230 million Jobing.com arena appear to be holding their value, despite the city's latest failure to complete a sale of the Phoenix Coyotes National Hockey League team that plays there.
Glendale, Ariz., Still Without Buyer for Coyotes Hockey Team
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