Financial Planning News
Tue, 20 Nov 2012
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Franklin Templeton muni co-director Rafael Costas says there are a lot of California munis that have the same or higher yields as the state's general obligation debt but that don't come with the headaches.
The Federal Reserve's bond purchases are contributing to greater inflows into fixed-income funds, while demand for stock funds is near multiyear lows.
Franklin Templeton muni co-director Rafael Costas says the market crisis also brought deals that his team had never seen before.
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