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Municipal Bond Market: Tune out the Noise
Since Ben Bernanke’s misinterpreted comments on tapering, Detroit’s bankruptcy filing and the even more recent, well-publicized concerns regarding Puerto Rico, the municipal bond market has struggled...
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Puerto Rico: A Delicate Balancing Act
Recently, the commonwealth of Puerto Rico’s credit ratings were downgraded by each of the three rating agencies to “below investment grade” status. This is significant, since no other state or...
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Puerto Rico Bonds Part II: Understanding the Volatility
Follow-up to February’s article Puerto Rico: A Delicate Balancing Act. In June of 2014 the Commonwealth of Puerto Rico’s legislature passed the Puerto Public Corporations Debt Enforcement and Recovery...
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