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Shortage Of The Municipal Bonds Forcing Down Yields

Friday, April 27, 2012 - 5:50 AM
No place is safe from falling yields. Yields on municipal bonds have been going down due to a shrinking number of bonds as described in this SmartMoney article:
new bond issuance is down even more this year: states and municipalities issued nearly 2 percent less new, long-term debt in the first quarter of this year than they did during the same time last year.

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Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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