The face value of outstanding municipal bonds was $3.7 trillion at the end of September, compared with the previous figure of $2.9 trillion at the end of June, the Fed said.
The biggest bond gains in almost a decade have pushed returns on Treasuries above stocks over the past 30 years, the first time that's happened since before the Civil War.
Today's auction of five-year notes seen throwing off puny 0.885%: returns for the year have been stellar
State and local governments are unlikely to experience a “material increase” in municipal defaults over the next three to five years, according to a study by Kroll Bond Rating Agency Inc.
So far, star analyst's prediction of disaster for tax-exempt sector way off the mark; other made similar forecasts
Granularity should help institutional investors; overkill for retail buyers?
Fed's low-interest-rate policy making tax-exempt debt very attractive, say portfolio managers; 'renewed confidence'
States, cities face rate cuts as financial pressures mount, credit rater warns; defaults, while rare, could increase
Supply to rise next year, likely driving down returns; 20% hike in issuance seen
Timing is everything, and the high-profile analyst blew hers with that celebrated muni meltdown prediction for 2011; she still may end up being right, though
Dire prediction by high-profile analyst fails to pan out; tax-exempt debt sees 10.5% gain this year
Unsecured debt for company maintenance facility now trading at 16 cents on the dollar
President Barack Obama's plan to cut the budget deficit repeats his call for curbing the tax exemption on municipal bonds and would give states a break on unemployment debts owed the federal government
The biggest bond gains in almost a decade have pushed the 30-year returns on long-term Treasuries above those of stocks — the first time that's happened since before the Civil War
Supercommittee notion of doing away with exemption not so super; going down the Whitney path
To start the Vanguard Total International Bond Index Fund and Vanguard Emerging Markets Government Bond Index Fund
In what the firm calls its “most significant change” to its tactical asset allocation in two years, Morgan Stanley Smith Barney LLC's global investment committee is adopting an overweight position in safe havens and underweight position in risk assets
Dollar, Treasuries, stock market all up since S&P lowered AAA rating; flight to quality made unexpected landing
Unconstrained debt fund down 1.8% this year; missed bond rally back home
