Muni investors seem to be absolutely elated today by the opportunity to scoop up their fair share of $4.5 billion worth of new Illinois bonds due in 2028 at a “juicy” yield of 3.74%…which makes a ton of sense if you can look beyond the fact that the state looks to be on an inevitable collision course with bankrup
I liked this readers comment=
“3.74 % from a Bankrupt Govt run by Progressivist Democrats?, or silver.
Returnless risk? or millenia old money
Hmmm”