Alex_G

Muni Bonds: Constructive in Current Portfolio Asset Allocation

Long munis came in over 50 bps the last 2 days, we were buying long natural AAA at 6.05 to 6.40 fri and monday, could barely touch them at 5.75 this afternoon. still a great deal. If you're investing over 200k, better to buy individual issues than funds.

Largest Bond ETF Now Trading At a Massive Discount

Alan, did you see the Corp bond mkt on Fri?? Our corp trader was buying A and AA credits (non financial) at 8-12%. Check TRACE on some of the bonds held in the Trust and see if the disco is real.