Fourteen Democratic Senators strongly urged President Obama not to cap or eliminate the tax-exempt status of municipal bonds because it would have a negative impact on both federal and local budgets and ultimately be "inappropriate and shortsighted."
Senators Urge Obama Not to Touch Muni Bonds
APR 4, 2013 4:03pm ET
You must be registered to post a comment. Click here to register.
Already registered? Log in here
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