Making the case for a systematic approach to monetary policy, Philadelphia Federal Reserve Bank President Charles Plosser said Tuesday the Fed's move to a threshold form of forward guidance was only a "step in the right direction," warning that it must be "humble" about the expected benefits of such guidance...
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