The U.S. services sector expanded at a slightly faster pace in December as the non-manufacturing business activity composite index was 56.1 in the month, compared to 54.7 in November, on a seasonally adjusted basis, the Institute for Supply Management reported Friday.
ISM Non-Mfg Index 56.1 in Dec. v. 54.7 in Nov.
JAN 4, 2013 10:00am 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.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY