Markets - Market News
NAR: Pending Home Sales Index Jumps 4.5% to 105.9 in January
Wednesday, February 27, 2013
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Pending home sales soared 4.5% to an index reading of 105.9 in January, after a revised 1.9% decrease to 101.3 in December, according to a report released Wednesday by the National Association of Realtors.

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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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