From December 2009 to January 2010, the yield on AAA-rated municipal bonds stayed level for 30-year bonds at 4.47% and increased slightly for 10-year bonds from 3.17% to 3.28%. During the same period, the yield on Treasuries increased slightly from 4.43% to 4.53% on 30-year bonds and from 3.52% to 3.64% on 10-year notes, maintaining the 10-year muni-treasury yield ratio at 90.1%.
Source: Bloomberg (www.bloomberg.com)
Sources: Unemployment Rate and Consumer Price Index: U.S. Bureau of Labor Statistics (www.bls.gov)
Existing/New Home Sales and Housing Starts: National Association of Realtors (www.realtor.org)