RSS Daily Dispatch: National News

  • Wildfire's destruction of California town creates uncharted credit territory November 16, 2018
    The deadly wildfire that left the town of Paradise, California, in ruins may become a test case for the municipal bond market. β€œThe situation casts doubt on whether the local government can meet over $3.5 million in annual payments to pension obligation bondholders, CalPERS and retiree healthcare plan participants,” wrote Marc Joffe, a policy analyst […]