Madoff-Tarnished Mets Catching Yankees in Ballpark Bond Returns

Thomas Metzold, who helps oversee $29.7 billion of municipal debt for Eaton Vance Corp., generally roots for the New York Yankees. In the bond market, he likes the New York Mets, too.

Since both Major League Baseball teams sold tax-exempt bonds for new ballparks starting in 2006, the funds Metzold helps manage at the $255.1 billion, Boston-based mutual fund company have traded in and out of Mets and Yankees debt more than 100 times as the relative values have changed, he said.