The federal government is too heavily involved in backstopping financial institutions, Richmond Federal Reserve Bank President Jeffrey Lacker warned Tuesday night.
Fed's Lacker: Heavy Support of Bank Liabilities Unsustainable
FEB 13, 2013 7:32am ET
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A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY