Bond Buyer highlighted a May 24, 2011 conference hosted by Venable and Piper Jaffray. The article entitled, "Market Close: Uncertainty Keeps Muni Market on Hold" includes quotes from speakers present at the conference held in New York on Tuesday.
While high-grade bonds have been meeting resistance to low-yields, opportunities abound in the high-yield sector, according to Yaffa Rattner, managing director of high yield municipal analytics at Piper Jaffray. “You get high compensation and almost no default risk,” she said at a conference Tuesday hosted by law firm Venable LLP and Piper Jaffray.
While high-grade bonds have been meeting resistance to low-yields, opportunities abound in the high-yield sector, according to Yaffa Rattner, managing director of high yield municipal analytics at Piper Jaffray. “You get high compensation and almost no default risk,” she said at a conference Tuesday hosted by law firm Venable LLP and Piper Jaffray.