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Puerto Rico Municipal Bonds – How Bad are They?

If Puerto Rico was an official state of the United States, Puerto Rico would rank 51st (dead last) when comparing the size of their debt to their Gross Domestic Product. It would be the only state rated below A by the three major credit rating agencies…. […]

Obama Proposes Cap on Municipal Bond Tax Deduction

To the dismay of many municipal bond market players, President Barack Obama on Monday unveiled a budget for fiscal 2013 that includes a measure that would impact the attractiveness of investing in municipal bonds. The president wants to decrease…. […]