Other municipalities cancel offerings, but credit quality is unaffected
Financial pros find themselves in unfamiliar territory related to the fiscal collapse
Nail-biting seen ahead of FOMC meeting, quarterly GDP report, jobs data
Offering uses strategy modeled after existing SMA; alternative to long-short equity investing
Fund assets now up to $2.41T; investment gains the big contributor.
Fear-monger logic falls short
Cash hoarding, buybacks looks to some like pent-up demand
Some taking message of the end of bonds' bull market to extreme.
