Initial claims for U.S. state unemployment benefits rose by 4,000 to 371,000 in the January 5 week, while continuing claims in the prior week fell to their lowest since in four and a half years, the Labor Department reported Thursday.
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.
the bond buyer conferences
September 25-27, 2013JW Marriott LA Live, Los Angeles, CA
October 27-29, 2013Crowne Plaza Times Square Manhattan, New York, NY