Friday, January 21, 2011

Municipal Bond Market - Shrinking Capital

With money flowing out of the municipal bond market rapidly and with (overstated) warnings of municipal and state defaults, will there be money available for municipalities and projects in the coming year?

http://www.bondbuyer.com/issues/120_11/-1022195-1.html?ET=bondbuyer:e2757:2057592a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=BB_Daily_Briefing_011411