Detroit's Bankruptcy Doesn't Faze the Municipal Bond Market

... city-doesn't appear to have unnerved the $3.7 trillion U.S. municipal bond market. Tom Hamilton, finance director of Norwalk, Conn., had no trouble finding buyers for $21 million in general obligation bonds on Aug. 1. Localities from Washington ...



via Norwalk Newswire http://www.businessweek.com/articles/2013-08-08/detroits-bankruptcy-doesnt-faze-the-municipal-bond-market#r=rss