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Home>Still Standing, Still Cheap

Still Standing, Still Cheap

Perspectives Content Submission

Tue, 17 Jan 2012

Executive Summary Despite starting the year as one of the more despised asset classes, municipal bonds turned in a stellar performance in 2011, gaining approximately 10% and outperforming not only equities but most fixed-income benchmarks. Last year’s performance defied the dire forecasts for the s
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