Chicago school district finds buyers after offering higher yields – The Bond Buyer

Chicago Public Schools' $872 million of junk-rated paper met with a more fickle high-yield audience this week, underscoring the district?s vulnerability to market volatility even as it inches closer to investment grade status.
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The Paraclete
4 years ago

Why would anyone buy theses? Who’s buying these? The feds?

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Eugene from a payphone
4 years ago

These are the bottom feeding investors who will be complaining about having to take a hair cut when the system collapses as happened in Detroit!

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debtsor
4 years ago

4% bonds in an era of 7% inflation. Thank you Federal Reserve!

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