New Caution Over Muni Bonds

5:40 PM ET Tue, 4 June 2013

CNBC's Josh Lipton reports that KC Fed President Esther George reiterated her position the Fed should begin tapering down QE. Three trades for tomorrow: the jobs report; Stanley Black & Decker's analyst meeting is tomorrow; and homebuilder Hovnanian reports Q2 earnings. Also, muni bonds have provided strong returns. Can the trade continue to work, with Alexandra Lebenthal, Lebenthal & Co.