Just Investment.

Features SINCE THE MURDER OF GEORGE FLOYD ON MAY 25 AND IN THE ABSENCE of a legitimate government response, laypeople armed with little more than cardboard signs have quickly become the arbiters of justice. The municipal bond market, which enables cities to fund infrastructure, is a politically constructed network that links government borrowers, sellers of financial information, and institutional and individual investors. And although the corporate securities market is more than twice as large ($9.6 trillion), the $3.9 trillion municipal bond market is nevertheless a major capital market through which state and local governments raise funds and investors collect interest income on the debt they hold. For these rating analysts, the outlook for Chicago debt was stable, though Moody's rated Chicago bonds "one notch below investment grade.". [Extracted from the article]

Copyright of Nation is the property of Nation Company, L. P. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)