Tag Archives: municipal bond index
Mid-July Muni Minutes
Detroit: The anniversary of the city of Detroit essentially declaring bankruptcy by cancelling payments on $40 million of debt obligations last summer is not dragging down the state of Michigan. As observed by the S&P Municipal Bond Michigan General Obligation Index, the state’s debt is trading on par with the rest of the U.S. municipal…
- Categories Fixed Income
- Other Tags
- Categories
- Fixed Income
- Other Tags