Rent-A-Muni Issuer Scored Market Access for Bond Now at 11 Cents

This has pushed up the number of defaults even in the municipal-bond market, a haven marketed overwhelmingly toward Americans seeking safe and steady returns. There have been 70 so far this year, the most since 2012, according to Municipal Market Analytics.

https://www.bloombergquint.com/business/rent-a-muni-issuer-scored-market-access-for-bond-now-at-11-cents