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Lockhart: No 'Breakout' in 2013; Growth Stays Sluggish
Tuesday, February 12, 2013
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The U.S. economy will remain sluggish, with GDP growth between 2% and 2.5%, Atlanta Fed President and CEO Dennis Lockhart said Tuesday, in line with the 2.1% average since the recession started.

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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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