State Woes Shouldn’t Hurt Debt Issuance, Survey Says
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Wednesday, March 3, 2010 |
States’ financial troubles do not pose a systemic risk to the municipal bond market and total issuance should be about the same in 2010 as last year, according to economists surveyed by the Regional Bond Dealers Association for its first semiannual economic forecast. However, they warned that states’ steep spending...
