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This just in from my colleague Cooper Howard: It’s shaping up to be a wild day in #muniland. Munis are finally waking up to the prospect of tighter monetary policy. Since the start of the year, yields are up relative to Treasuries. 
The biggest move has been in short-term munis where spreads were very low.
The move higher in yields has resulted in negative returns for muni mutual funds and ETFs. Recently, the streak of consecutive weeks of inflows reversed.
Pancha Sabhas
Temples where Lord Shiva(Nataraja) performed Special(Cosmic) dance Pancha-5 Sabha-Dance hall.
1.Thiruvalangadu(Gem)-Rathna sabha
2.Chidambaram(Gold)-Kanaga sabha
3.Madurai(Silver)- Rajatha sabha
4.Tirunelveli(Copper)-Tamira sabha
5.Thirukkutralam(Art)-Chitra sabha
Temples where Lord Shiva(Nataraja) performed Special(Cosmic) dance Pancha-5 Sabha-Dance hall.
1.Thiruvalangadu(Gem)-Rathna sabha
2.Chidambaram(Gold)-Kanaga sabha
3.Madurai(Silver)- Rajatha sabha
4.Tirunelveli(Copper)-Tamira sabha
5.Thirukkutralam(Art)-Chitra sabha
Sri Vadaranyeswarar temple - #Rathna Sabha -Thiruvalangadu,Tiruvallur,TN
Shiva is said to have defeated Kali in a fierce dance duel by lifting his foot upwards- the Oordhva tandavam posture. Also called as Ratna Sabhapati.Kali is depicted in a dance posture as well here.
#SHIVA
Shiva is said to have defeated Kali in a fierce dance duel by lifting his foot upwards- the Oordhva tandavam posture. Also called as Ratna Sabhapati.Kali is depicted in a dance posture as well here.
#SHIVA
Natarajar Temple,Chidambaram,TN -Kanaha Sabha -Ponn ambalam (Gold Sabha)
Legend :
Once Adhi Sesha felt MahaVishnu unusually heavy.On asking for the reason, MahaVishnu told that he remembered the dance that Lord Shiva did once & the pleasure of reminiscence that made him heavy.
Legend :
Once Adhi Sesha felt MahaVishnu unusually heavy.On asking for the reason, MahaVishnu told that he remembered the dance that Lord Shiva did once & the pleasure of reminiscence that made him heavy.
After a week that saw extraordinary policy moves from the @federalreserve in response to the #CoronaCrisis, the central bank has gone further and taken off its gloves for a bare-knuckled battle against the forces of #uncertainty and #deflation!
To support critical market functioning, the #FOMC dropped previously indicated limits and: “will purchase Treasury securities and agency [MBS] in the amounts needed to support smooth market functioning and effective transmission of monetary policy...”
Further, the #Fed has expanded the range of purchasable #securities to include agency commercial mortgaged-backed securities (#CMBS).
