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Panic gripping the municipal bond sector might be a buying opportunity. Amid worries of the...

Panic gripping the municipal bond sector might be a buying opportunity. Amid worries of the future of the tax exemption, $2.8B fled the sector last week - the sort of numbers not seen since 2 years ago when tobacco bonds were downgraded. "Shocking," says RBS' Chris Mauro, expecting cooler heads to prevail in the new year.
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Comments (1)
  • GaltMachine
    , contributor
    Comments (1144) | Send Message
     
    Smells like a buying opportunity!

     

    Taxes go up, munis look even better. Now that's weird.

     

    Fear of rising rates? Something else?

     

    No one will take away that tax deduction.
    21 Dec 2012, 12:23 PM Reply Like
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