Initial claims for U.S. state unemployment benefits rose 20,000 to 362,000, a level above expectations for the Feb. 16 week and exactly the same as a year earlier, the Labor Department reported Thursday.
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