Updated Sunday, April 20, 2014 as of 10:11 PM ET
Portfolio - Fixed Income
Investors Still Prefer Essential-Purpose Revenue Bonds
by: James Ramage
Sunday, February 10, 2013

With both groups, Brooks said, rainy-day funds today are no longer as flush, pension funds are in worse shape, and the steps both took to balance their budgets, raise taxes, cut spending and staff, have been exhausted.

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