Some Muni Bonds Appear Screaming Buys Here [View article]
You need to short the treasury to lock the spread, howeer, spread can go wider even (why not?), second, for a typical retail investor with even a buck, how much size can you do to achieve meaningful returns? Unless the yield goes to 10+ for the long term, I am not sure it's a screaming buy.
Some Muni Bonds Appear Screaming Buys Here [View article]