BlackRock Says Increased Downgrades Looming for State Borrowers
The market for state and local government debt is becoming “less forgiving,” according to BlackRock Inc.’s Pat Haskell, who leads the firm’s municipal bond group.
By Erin Hudson · Bloomberg Markets
The market for state and local government debt is becoming “less forgiving,” according to BlackRock Inc.’s Pat Haskell, who leads the firm’s municipal bond group.