Worries Peak on Puerto Rico Utilities Debt After New Bankruptcy Law
After debt-restructuring bill’s passage, bondholders watch to see if the commonwealth's electric utility will make Tuesday payment; two fund companies sue to declare law unconstitutional.
FINRA Examining Trading in New Puerto Rico Bonds
The Financial Industry Regulatory Authority said it’s examining trading in the $3.5 billion of general-obligation bonds that Puerto Rico sold this month.
Biggest Muni Bond ETF’s Premium Grows as Fund Exodus Abates
After the worst year since 2008 for municipal debt, the shift to a premium for muni ETFs points to a potential return to earnings