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A comment on Puerto Rico files for biggest ever U.S. local government bankruptcy. Parent comment

Re:Puerto Rico files for biggest ever U.S. local government ... by pedasmith on Wednesday May 03, 2017 @07:24PM (#14261145)
Puerto Rico bonds were paying 8.7% when US Treasuries paid about 2%. I'd say that any competent investor knows perfectly well that Puerto Rico might well not honor the bonds.
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