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Fed's Pianalto: Aim for Smaller Balance Sheet If Outlook Continues to Improve
Market News International | Friday, February 15, 2013
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Cleveland Federal Reserve Bank President Sandra Pianalto Friday said the central bank could aim to trim the size of its swollen balance sheet before the end of the year if the outlook for the economy continues to improve as she expects it will, citing her concern about the risks posed...

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Commentary - When It May Be Virtually Free to Be Tax Free
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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