Muni Bond Manager’s Journal: Make sure your ratios are rational


September 4, 2013

Barnet Sherman, director and portfolio manager of the TIAA-CREF Tax-Exempt Bond Fund, is a regular contributor to the Intelligent Investing series on In his latest post, Barnet explains how investors have historically used the Municipal bond/Treasury ratio to assess the attractiveness of current market values. To read more about this ratio and whether it’s still meaningful in today’s markets, read the column on