Three state treasurers are leading an effort in the nation's capital this week by meeting with policy makers and the White House to say that curtailing or eliminating tax exemption is not an abstract issue but rather it would have significant adverse impacts at the state and local level.
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