No, The Detroit Bankruptcy Is Not The Beginning Of Cascading Muni Bo...

07/19/13

No, The Detroit Bankruptcy Is Not The Beginning Of Cascading Muni Bond ...
Business Insider
Detroit is unlikely to be the first of a string of cities to fall in bankruptcy. Admittedly, the recent spike in municipal bond yields, which was triggered by the Fed's signal that it is edging towards tapering QE3, has led to an outflow of funds from ...

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