Survey: More muni bonds expected to be taxable in 2010

12/17/2009 | Bond Buyer (free content), The

A survey found that market participants expect a larger percentage of municipal bonds to be taxable next year compared with 2009. The poll addressed the Build America Bonds program and its effects on the marketplace, as well as tougher regulations, stimulus programs and whether municipal rating standards should change. The survey also found that credit quality is expected to deteriorate during the next five years.

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Bond Buyer (free content), The