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Home>U.S. Debt Ceiling and Municipal Credit

U.S. Debt Ceiling and Municipal Credit

Perspectives Content Submission

Tue, 26 Jul 2011

Problems with certain municipal credits could be caused directly by an outright failure of the federal government to make payments needed for debt service, in the case of bonds whose debt service is paid by the federal government such as pre-refunded bonds.  Alternatively, certain high grade munici
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