Whatever Happened to the Muni Bond Implosion?
April 12, 2013
Roughtly two and a half years ago, a well-known analyst called for a massive wave of defaults in the municipal bond market. Never mind that when she made the call she had little or no experience in evaluating municipal bonds. Never mind that when she had made the call she had just left her former employer, formed her own company, and was no selling researchon municipal bonds. The market listened and, in late 2012, the muni market has done nothing but rally. In spite of this, worries about the massive defaults persist. Read More Whatever Happened to the Muni Bond Implosion?