Investors are increasingly differentiating between U.S. state and local governments with strong finances and those facing big fiscal woes. The growing interest-rate spreads bring echoes of the European debt crisis.
WSJ.com: What's News US, Wall Street Journal
Sun, 12/19/2010 - 5:56pm
Investors are increasingly differentiating between U.S. state and local governments with strong finances and those facing big fiscal woes. The growing interest-rate spreads bring echoes of the European debt crisis.