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January Non-Farm Payrolls Up 157,000; Jobless Rate 7.9%
Market News International | Friday, February 1, 2013
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The January employment report shows a still-slow-growth economy, and perhaps more important for Fed watchers, suggests that improvement in the unemployment rate stalled in fall 2012.

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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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