Markets - Buy Side
Barclays: Great Muni Rotation Unlikely
Friday, February 15, 2013
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Amidst concerns among market participants of a 'great rotation' out of fixed income into equities, Barclays strategists released a report Thursday assessing whether this might happen in the muni market.

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Opinion

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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