Markets - Market News
Market Post: Munis Firmer Outside 10 Years
Monday, January 7, 2013
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The tax-exempt market traded slightly firmer Monday afternoon as traders said a stronger tone from last week continued into early this week. Stability in the muni market was also helped by stronger Treasuries.

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Opinion

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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