The global economy is seeing a decline in macroeconomic uncertainty as aftereffects of the financial crisis begin to wane, and if the trend continues as expected it will be bullish for the U.S. economy, St. Louis Federal Reserve Bank President James Bullard said Wednesday.
St Louis Fed's Bullard: Global Macroeconomy Uncertainty Declining
FEB 13, 2013 11:19am 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.
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