Municipal Bond News

September 5 – September 12, 2011 Municipal Bond and Tax Free Mutual Funds News

municipal bonds

This week saw more of news about the major financial market choppiness.  The Week’s municipal bond news included:

  • As Investors Get Bit, States Feel Pain – – The volatile stock market is causing problems for state budget planners. The assumptions they have made in regards to personal income tax collection are heavily affected by stock market returns. State budget prospects may become more gloomy due to the declining stock market.

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