The tax-exempt market traded on a firmer tone Thursday as traders said bonds priced in the primary earlier in the week traded higher in the secondary.
Market Post: After Soft Wednesday, Bonds Trade Higher in Secondary
FEB 21, 2013 2:00pm 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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May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY