U.S. tax-free debt may face risks from Merrill
Story date: 2007-10-26 05:54:00
Added on: 2007-10-27 01:00:15
Reuters - NEW YORK (Reuters) - The U.S. municipal bond market, a $2.5 trillion asset class with one of the world's lowest default rates, is ... to market have also been clipped since Wednesday, when agencies cut Merrill's credit due to its bad subprime mortgage ...
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