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Washington - Taxation
MMA Assesses States' Default Rates
by: Jennifer DePaul
Tuesday, January 8, 2013
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Alabama has the highest national "impairment rate" at 15%, according to a new database that tracks state-specific municipal default rates.

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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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