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NY Fed: Depending on how you look at it, the municipal bond default rate is 36 times higher than previously reported.


By David Waring

NY Fed: Depending on how you look at it, the municipal bond default rate is 36 times higher than previously reported.

Marc Joffe Comment: That’s still pretty low .

David Merkel Comment: Tell us something we don’t already know .

Zero Hedge: Think China and the Fed have been buying all the treasuries? Wrong .

Learn Bonds: How to choose a municipal bond fund .

Business Insider: Interest rates fly as the stock market snoozes.

Read more: http://www.marketwatch.com/story/are-muni-defaults-36-times-higher-than-believed-2012-08-16?link=MW_home_latest_news

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