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Fall, Recover, Repeat: Munis Rebound From Sharp Drops, Again

TedTed
in The Bullpen
FYI: The municipal-bond market used to be a reliably boring one, full of small cities, state governments and others borrowing to build sewers, roads and hospitals. But in the last decade, the muni market has been all-too-interesting and whipped investors through several sell-offs.
Regards,
Ted
http://bigstory.ap.org/article/a33e3357f66e457aa9150f13d7118eb5/fall-recover-repeat-munis-rebound-sharp-drops-again
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