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Regional News
Pennsylvania Lawmakers Could Put Stop to Swaps
by: Paul Burton
Friday, January 11, 2013
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Pennsylvania lawmakers will debate legislation to forbid governments from interest-rate swap transactions. Supporters say unsophisticated governments can lose too much money from the complex deals.

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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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