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Municipal Bonds Still Considered Safe, Despite Some Ailing Governments

TedTed
in The Bullpen
FYI: Since individuals hold most of the $3.7 trillion invested in municipal bonds — or about 70 percent, either directly or through mutual funds — it raises the question: Should investors be worried? After all, municipal bonds have traditionally been viewed as safe investments.
Regards,
Ted
http://www.nytimes.com/2015/07/25/your-money/municipal-bonds-still-considered-safe-despite-some-ailing-governments.html?ref=your-money
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