Muni Defaults Top $4 Billion Amid Real Estate Swoon (Update1) (Bloomberg)

Oct. 14 (Bloomberg) — Municipal bond defaults soared past $4 billion for the year through the end of September, driven partly by the bursting of the real estate bubble, according to the Distressed Debt Securities Newsletter.

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Muni Defaults Top $4 Billion Amid Real Estate Swoon (Update1) (Bloomberg)

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