Muni Bonds Slow –

Sales of Municipal bonds dipped in 2008 are expected to decline more in 2009.  This comes at a bad time for states who face a $42 billion dollar deficit.  States like California are expecting to have their bond ratings downgraded.

To view a related article, please click here:

http://www.bloomberg.com/apps/news?pid=20601109&sid=aE_Syu_H1HRM&refer=home

Jim Sutliff

This entry was posted in Banking, Bonds, Economic News, Investments. Bookmark the permalink.