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Reuters: Bankruptcy News | Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com | |
Muni bond yields rise day after Detroit bankruptcy Jul 19th 2013, 15:11 NEW YORK, July 19 | Fri Jul 19, 2013 11:11am EDT NEW YORK, July 19 (Reuters) - Yields in the $3.7 trillion U.S. municipal bond market rose on Friday, a day after Detroit filed for the largest municipal bankruptcy in history. Longer dated rates on maturities ranging from 2037 to 2043 rose by 5 to 9 basis points, according to a preliminary read on Municipal Market Data's triple A scale. | |
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