Among the many metamorphoses the advent of taxable Build America Bonds was anticipated to induce in the tax-exempt municipal bond market, one of the most important was the flattening of the yield curve.

It has not happened yet.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access