Regional News
DiNapoli: Budget Risks Loom for New York City
Friday, December 14, 2012
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New York City's budget is balanced for the current fiscal year, but dark shadows hover, according to an analysis by state Comptroller Thomas DiNapoli.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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