Puerto Rico – Has The Default Train Left The Station?

Puerto Rico - Has The Default Train Left The Station? by Columbia Threadneedle Investment Defaults on all types of Puerto Rico governmental debt appear almost certain. Current investors should brace themselves for an extended period of receiving no interest income and additional price volatility. Prospective investors should consider waiting for another train.

By Chad Farrington, CFA, Senior Portfolio Manager, Head of Municipal Credit Research and Matthew Stephan, Senior Municipal Credit...

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