PUERTO RICO provides wear a brave deal with during its year-long personal debt crisis. But on June 28th Alejandro García Padilla, the governor, manufactured a belated concession to actuality by signing a regulation establishing a de facto personal bankruptcy regime for state-owned enterprises.
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Corporate-bond market segments performed properly in 2014's first 50 percent alongside surprise rally in U.S. Treasury personal debt. Now, several bond-fund supervisors worry their early on gains are also good to previous. "The main issue at any stage is usually whether to …
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