This week saw more of news about the US government’s Battle with the slowing economy. This may be a good time to adjust your asset allocation. The Week’s municipal bond news included:
- Insurers can manage U.S. municipal bond risk: Moody’s | Reuters. Moody’s investor service said that property and casualty insurance companies holding municipal securities and loans are not at great risk.
- hedge-funds-june-wsj: Yahoo! Finance. The hedge funds bought tobacco bonds at fire sale prices and made out like bandits.