Thank you for joining in the Medicis Fourth Quarter and the Year-End 2011 Financial Results Conference Call. Today's call is being recorded and webcast live on the Company's website at www.medicis.com in the Investor Relations section and will be
Improving local-government finances and lower default rates than corporates have made high-yield municipal bonds an attractive option for investors eyeing tax-free income, says Nuveen's John Miller.
Wholesale portfolio changes may be unwarranted after investors assess their sensitivity to interest rates and the likely longer-term impact for various rising-rate scenarios.