Municipals (MUB +0.4%) catch a nice bid even as interest rates turn sharply higher (TLT -1.2%)....
Municipals (MUB +0.4%) catch a nice bid even as interest rates turn sharply higher (TLT -1.2%). The fiscal-cliff deal raised tax rates on higher incomes, but didn't touch the deductibility of interest earned on municipals - a small perfect storm for the sector.
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at Nasdaq.com (Jan 30, 2015)
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at CNBC.com (Dec 24, 2014)
at CNBC.com (Jul 25, 2014)
at MarketWatch.com (Jan 6, 2014)
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