Monday, April 20, 2020

Fear Kansas City Junk Bond Future

A scary financial question will have a very big impact on this town's future . . .

Can the Municipal Bond Market Weather the Coronavirus Storm?

This link tease with more info for subscribers offers a hint at the future:

Federal Reserve's intervention shows stress in bond market - Kansas City Business Journal

Kansas City-area bond experts say the Federal Reserve has been taking unprecedented action to sort out a huge mess in the bond market. So what does that mean for business in Kansas City? Although most attention has been on stocks, the bond market is the lifeblood of the economy.

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