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Regional News
Fiscal-Cliff Bill Extends Liberty Bonds
by: Paul Burton
Friday, January 4, 2013
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Congress added a provision into fiscal-cliff legislation that extends the issuance of tax-exempt New York liberty bonds, authorized after the Sept. 11 attacks.

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Commentary - When It May Be Virtually Free to Be Tax Free
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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