Tag: Wealth Management

Municipal Bond Market Update – Puerto Rico Entering Bankruptcy

As we mentioned in our Municipal Bond Market Update article at the end of June entitled "Puerto Rico's Impending Bankruptcy" it appeared that it was only a matter of time before Puerto Rico would be unable to pay its debts and would have to file for bankruptcy protection. Over the past weekend the Puerto Rican government decided they would not make an upcoming payment to their bondholders, a move similar in nature to if you… Read More