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Posts tagged ‘municipal bonds’

Have You Caught the Golden State Muni Fever?



California, known as the “Golden State,” is famous for many things, including Rodeo Drive, the Hollywood hills, the iconic Golden Gate Bridge, and beautiful weather that many of us pine for during the cold and bitter winter months. Perhaps that is why 12% of the total U.S. population call…

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Puerto Rico Defaults



This week, the downward spiral has been put in motion as Puerto Rico halted deposits into the fund that pays its general-obligation and one of its agencies defaulted for the first time. The missed $58 million bond payment is a fraction of the U.S. Commonwealth’s $72 billion debt. Investors should…

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