Puerto Rican Bonds In Midst of Biggest 3-Day Rout Since April 2016 (PR Has Yet Another Rescue Plan!)

Puerto Rican Bonds In Midst of Biggest 3-Day Rout Since April 2016 (PR Has Yet Another Rescue Plan!)

wallstreetexaminer.com / by Anthony Sanders via Confounded Interest / March 15, 2017

States like California and Illinois are suffering from “pension paralysis” while Puerto Rico, an unincorporated U.S. territory, is suffering from declining population and failure to reduce government spending accordingly.

(Bloomberg) Puerto Rico bonds are in the midst of the biggest three-day rout

March 15, 2017 at 04:40PM