State Budget Deficits

In: Finance Interactive Maps US Economy

2 Aug 2010

Yields on top-rated, tax exempt US municipal bonds have dropped to near-record lows, allowing many local borrowers to access cheap financing in spite of their recent fiscal troubles. Following concerns over public finances in Europe, the $2,800bn market for “munis” has come into the spotlight after several years of budget deficits.  Related articles.


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