Indexology®: Uncertainty, a Four Letter Word for the Municipal Bond Market
February 23, 2015 at 07:00 AM EST
The uncertainty of the future of Puerto Rico municipal bonds continues to weigh on the municipal bond market. Bonds in the S&P Municipal Bond Puerto Rico Index have settled into an average price of just over 50 cents on the dollar with the low point of 47.27 on July 8th 2014. The index tracks...
