Municipals

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The State of the State of Illinois

The State of the State of Illinois

Illinois’s fiscal woes, shaped by years of political gridlock, culminated in a rating downgrade to just above junk status on June 1. A downgrade to junk appears possible. But Illinois could recover its footing, should legislators muster the political will to work together. We know it can be done, because of California’s example.

Fixed Income, Municipals


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