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  2. How Safe Are Your Muni Bonds? Not Very, Warns Warren Buffett

    www.aol.com/2012/07/19/warren-buffett-muni-bond...

    Does the prospect of earning 0.1% on a bank savings account leave you ... unenthused? Do the 0.2% interest rates that the U.S. government is paying on two-year Treasuries stick in your craw? Maybe ...

  3. How Safe is the Muni Bond Market? - AOL

    www.aol.com/2012/08/16/how-safe-is-the-muni-bond...

    In a new post at the New York Federal Reserve's blog site, three bank officials took a look at the $3.7 trillion US municipal bond market. After noting that about 75% of US municipal bonds are ...

  4. Why Muni Bonds Are a Good Investment Play - AOL

    www.aol.com/news/why-muni-bonds-good-investment...

    Despite the yield curve inversion in two- and 10-year Treasury bonds, there are plenty of opportunities for investors to earn stable yield, including municipal bonds, experts say. Municipal bonds ...

  5. Auction rate security - Wikipedia

    en.wikipedia.org/wiki/Auction_rate_security

    The four largest investment banks who make a market in these securities (Citigroup, UBS AG, Morgan Stanley, and Merrill Lynch) declined to act as bidders of last resort, as they had in the past. This was a result of the scope and size of the market failure , combined with the firms' needs to protect their capital during the 2008 financial crisis.

  6. Municipal bond - Wikipedia

    en.wikipedia.org/wiki/Municipal_bond

    A 2007 study concluded that the average investment grade tax exempt 1-10 year municipal bond traded 21 times over its 11-year sample and 5.65% of issues only traded once. [ 21 ] Unlike corporate and Treasury bonds, which are more likely to be held by institutional investors, municipal bond owners are more diverse, and hence harder to locate ...

  7. Build America Mutual - Wikipedia

    en.wikipedia.org/wiki/Build_America_Mutual

    Build America Mutual Assurance Company (stylized as Build America Mutual or BAM) is a mutual, monoline bond insurer of essential public-purpose U.S. municipal bonds. Since its inception in July 2012, the company has insured more than $65 billion in par amount for more than 3,300 member-issuers.

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