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As the "slope of the municipal yield curve remains extremely steep and long bonds are cheap relative to U.S. Treasuries," Daryl Clements, a portfolio manager at AllianceBernstein, predicts "long municipal bonds have a long way to go until they are considered fair value."
11h ago -
A group of bondholders are floating fresh financing to a bankrupt metals recycler that elevates their bonds above other holders.
September 16 -
Minnesota plans to go to market Sept. 23 with a $1.27 billion general obligation bond sale.
September 16 -
Andrew Nakahata will replace Scott Wu as executive director and CEO less than a year after joining the organization.
September 16 -
Bond attorneys are eyeballing the possibility of attaching a tax title to the surface transportation reauthorization that could include issues of great interest to the municipal bond community as the appropriations process remains stuck in first gear.
September 16 -
The White House said it will appeal a circuit court ruling allowing Federal Reserve Gov. Lisa Cook to remain on the central bank board while her lawsuit challenging her dismissal is litigated.
September 16
February 02, 2009, 2:00 a.m. EST 1 Min Read
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