Markets - Market News
December ISM-NY Current Business Index Jumps to 54.3
Thursday, January 3, 2013
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New York City business activity expanded in December as the current business conditions index increased to 54.3 from 52.5 in November, the Institute for Supply Management-New York's Report on Business index, released Thursday, indicated.

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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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