When Rhode Island sold $169 million of general obligation bonds on Wednesday after a two-day retail period, two words echoed amid huge jumps in yield: Central Falls.

With the 19,000-population city in Chapter 9 and two communities and two conduit issuers having received downgrades since its Aug. 1 filing, the state sold the bonds under a marketing push called "Invest RI," in which Rhode Islanders got first crack at the bonds.

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