The yield spread between tax-free municipal bonds and treasury bonds with the...
Difference in yield between a tax-free municipal bond and a Treasury bond with the same maturity. Term is an acronym for municipals-over-bonds spread, which will always exist because municipals involve different degrees of risk while Treasuries are risk-free as to principal.
The yield spread between a tax-free municipal bond and a Treasury bond with the same maturity.
The difference in yields between a municipal bond and a treasury bond with the same time to maturity. The MOB is sometimes used for determining good tax strategies. MOB is short for 'Municipals-over-Bonds.'
A spread between the municipal bond futures contract and the treasury bond contract, also known as munis over bonds.