DALLAS — Fueled by historically low interest rates, municipal bond volume in the Southwest region rebounded 60% in the first six months of 2012 compared to the same period a year earlier.

At $28.7 billion, the tax-exempt market for the region barely surpassed the $28.6 billion volume of the first half of 2009, when the muni market was hard-hit by the recession, but dramatically improved on 2011’s decade low of $17.8 billion, according to data from Thomson Reuters.

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