Regional News
Los Angeles City Council Considering $3 Billion Bond for Street Repairs
Tuesday, January 8, 2013
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Los Angeles City Council will vote Wednesday on whether to ask voters to approve $3 billion in bonds for street repairs.

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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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