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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (60232)5/21/1999 2:37:00 PM
From: S. maltophilia  Read Replies (1) of 132070
 
MB
Do you think these spreads between corps & Treasuries will widen? How about the Treasury/muni spreads--seems like anyone in at least an 8% tax bracket is better off in munis<G>. How about the spread between on/off the run Treasuries? What will make it widen/narrow? Must be neat games you can play to justify giving up 30 basis points if you're big enough. Regardless, even retail investors will buy on the run 90% of the time.
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