Orr’s Detroit Debt Payout Plan Puts Pall on Michigan Muni Market – Interactive Chart

Michigan cities, town and agencies sold $467 million of debt in January as yields for new bonds became less volatile and closer to Bloomberg’s AAA Muni Index. Click on the chart below to see an interactive StoryGraph showing how much money Michigan muni issuers have raised since Detroit Emergency Manager Kevyn Orr proposed reduced payments to municipal bond investors.

StoryGraph

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