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NABE: Majority See Reduced Growth Due to Fiscal Uncertainty
Market News International | Monday, February 25, 2013
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The U.S. economy is expected to expand at a faster pace this year compared to 2012, but there is a belief among a majority of economists that the uncertainty swirling around U.S. fiscal policy will have a negative impact on growth in 2013, according to a survey published Monday.

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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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