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putting more downward pressure on bond prices and upward pressure on yields. Market interest rates on tax-free muni bonds began to surge early in November, in part reflecting rising longer-term interest rates overall. But the muni market has been hit ...
Dec. 21 (Bloomberg) -- How’s that QE2 working out for you? To answer the question, we first have to establish the goals of a second round of quantitative easing as laid out by Federal Reserve Chairman Ben Bernanke. The Fed’s purchases of U.S ...
Though many in Washington and Wall Street have applauded the bipartisan tax-cut package as a key economic stimulant, there are more than a few skeptics about its potential impact. The eleventh-hour package-which extends the Bush tax cuts into 2011 and 2012 ...
BRUSSELS — German Chancellor Angela Merkel may be adamantly opposed to it, but the idea of issuing bonds on behalf of the whole euro zone simply will not go away. At a European Union summit dinner on Thursday, EU leaders debated ways of resolving the ...
Baltimore bail bondsman Milton Tillman Jr. and his namesake son — who together ran Four Aces Bail Bonds — each pleaded guilty Wednesday in federal tax fraud cases that will likely send the elder man to prison for several years, while allowing the ...
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