SAN FRANCISCO — Municipal bankruptcy rumors have swept California since the city of Vallejo sought Chapter 9 protection from creditors last year.

Newspaper writers, bloggers and even public officials have taken turns speculating about whether Stockton, San Diego, Rio Vista, Isleton, Half Moon Bay, Pacific Grove or the state of California will be the next government to declare bankruptcy.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.