Puerto Rico bonds were trading on pace with levels seen in recent weeks, market participants said, lending credibility to the argument by some that a downgrade to junk had been long-anticipated by the ...
Some savvy bond traders are describing Puerto Rico's credit downgrade as “blood in the water,” a saying that translates to a buying opportunity for the most aggressive investors. Seeing bond-rating ...
Puerto Rico bonds continued to trade at yields consistent with weeks prior to a series of three rating downgrades, as low new issuance kept trading activity muted. Retail investor behavior continued ...
NEW YORK (Reuters) - Puerto Rico will face trouble selling bonds after Standard & Poor's cut its credit rating to junk status, spelling possible trouble for the cash-strapped U.S. territory as it ...