Muni Bond ETFs Somewhat Sturdy Despite Puerto Rico Default
June 29, 2015 at 12:23 PM EDT
With Greece captivating investors’ attention today, the reaction to Puerto Rico’s debt troubles might just be “Oh yeah, Puerto Rico is about to default.” That does not change the fact the U.S. territory cannot pay $72 billion in debts. So dire is the situation in Puerto Rico, Gov. Alejandro García...