A $20 Billion Muni Problem?

Posted By:John Carney A new paper from Rockfleet Financial argues that claims that municipal debt investors will incur hundreds of billions of dollars of losses are outlandish. Muni default rates, however, are likely to rise above historical levels and cost investors between $10 billion and $20 billion over the next ten years, Rockfleet maintains.     Read More Topics:Municipal Bonds | Wall...