Markets - Market News
Market Post: Attractive Muni Ratios to Treasuries Lure Buyers
Tuesday, February 26, 2013
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Municipal bond yields, true to their habit of following Treasury yields with a noticeable lag, have started Tuesday lower, bestowing upon the market a stronger tenor.

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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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