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Wall Street Risk Analysts Rise in the Muni Bond Market

Defaults have remained relatively rare compared with other markets, though they’ve started to rise. In a note to clients last week, Municipal Market Analytics said at least 29 borrowers became impaired in May, which includes defaults and steps like tapping reserves to avoid them. That’s the most since December 2014, according to MMA.

https://www.bloomberg.com/news/articles/2020-06-09/wall-street-risk-analysts-rise-in-muni-market-waiting-for-hit

Tim Holler