Relevant:
- Billions of dollars of sales slam muni bonds
- Muni Bonds Lose Buyers As Credit Crisis Spreads
- N.Y. Fed says municipal bond defaults higher than ratings agency counts
- States worry over bonds backed by federal money
- Move over, Puerto Rico. Illinois, New Jersey and other states face municipal bond woes, too
2008-02-29 — reuters.com
'Tender option bond programs on Friday were selling "multiple billions" of dollars of U.S. municipal bonds, a money manager said, which is accelerating a market slide that experts call the worst in decades.'
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