Hospital Munis Lag as Trump’s Funding Cuts Spark Investor Angst

Bond investors have been increasingly wary of debt sold by US hospitals, and they see looming cuts to federal health-care funding as new pain points for an industry that’s just...

By Aashna Shah, Elizabeth Rembert · Bloomberg Markets

Bond investors have been increasingly wary of debt sold by US hospitals, and they see looming cuts to federal health-care funding as new pain points for an industry that’s just starting to recover from pandemic stress.