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August 2, 2011

Business Recorder: Ken Naehu Quoted in “Treasuries lifting US tax free debt”

“Treasuries lifting US tax free debt,” by Reuters, Business Recorder.

“Treasuries are piercing or near piercing key resistance levels and that says interest rates are going lower. That’s dictating what’s going on in munis,” said Managing Director Kenneth Naehu of Bel Air Investment Advisors in Los Angeles.

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