The U.S. municipal bond market has been fairly stable, despite recent dire predictions that municipalities could default in droves, Dennis Lockhart, President of the Federal Reserve Bank of Atlanta, said Tuesday.
Dennis Lockhart: Muni Bond Market Stable Despite Default Scare
NOV 27, 2012 9:55am ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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