Definitions for "mob spread"
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.