In the Margins
Congress has stepped up to try to help Puerto Rico find a way out of its suffocating financial woes, which includes $70 billion worth of debt and $40 billion in underfunded pension liabilities. According to Morningstar, there are hundreds of municipal bond funds with varying degrees of exposure to Puerto Rico's debt, with some fund companies clearly more bullish than others on the bonds. Read the original story from InvestmentNews.
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