Muni bonds feel US states' fiscal stress - Bonds Article - economy, income, municipal bonds

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Muni bonds feel US states' fiscal stress

Article Submitted by: ktexas
Bonds

Tags: Economy, Income, Municipal bonds, Investing, Mutual funds, Recession, Risk, Yields, Dividend, Investment, Financial crisis, Muni bond funds.

California's high-profile budget crisis and the fiscal woes of states throughout the US are taking their toll on the public finance markets, sending borrowing costs higher for states, cities, counties and other municipal issuers.

Submitted: Jul 9, 2009 Views: 95 Comments: 0 Likes: 1

View Article: http://www.ft.com/cms/s/0/b5971570-6a5b-11de-ad04-00144feabdc0.htm

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