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ECB Holds Rates; Main Refinancing Rate 0.75%
Thursday, January 10, 2013
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The European Central Bank announced its Governing Council held interest rates at its latest monetary policy meeting Thursday.

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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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