Municipal Bond Sales Cross $500 Billion Mark at Record Pace
US states and local governments are selling debt at a record clip, borrowing more than $500 billion so far this year as the need for infrastructure and airport upgrades mounts.
By Aashna Shah and Amanda Albright · Bloomberg Markets
US states and local governments are selling debt at a record clip, borrowing more than $500 billion so far this year as the need for infrastructure and airport upgrades mounts.