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Markets - Market News
Market Close: Munis Climb For Third Session On Active Trading
by: Taylor Riggs
Wednesday, January 9, 2013
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The tax-exempt market extended gains into Wednesday as munis continued to follow Treasuries higher.

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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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