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Puerto Rico Bond Traders Still Find Buyers Despite Epic Collapse
FYI: Puerto Rico bondholders who don’t want to roll the dice in the island’s record bankruptcy can still find a quick way out. The volume of trading in Puerto Rico securities has ticked up since the island turned to a federal court last month to cut its $74 billion debt, showing that the market hasn’t seized up despite the U.S. territory’s defaults and the prospect of deep haircuts faced by investors Regards, Ted https://www.bloomberg.com/news/articles/2017-06-07/puerto-rico-bond-traders-still-find-buyers-despite-epic-collapse
