Puerto Rico On The Prairie! ILLinois Has Worst Muni Spread In Nation

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.

ILLinois, the fiscal Puerto Rico on the Plains, now has the highest (or worst) muni bond spread of the 50 states at 174.5 basis points. And their AVAT (average volume at time) is also leading the US at 756.6%.

illmon

Chicago reminds me of the Pawnee City Council with Councilman Jeremy Jamm in control.

“Illinois, you just got jammed!”

jammed

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