Municipal Bond Forum
Analysts differ on Puerto Rico’s finances
Q
I’m even more confused from your article, “On Puerto Rico’s Finances, The Glass is Half…” I have a lot of Puerto Rico bonds. Is the situation improving or deteriorating? If I need to sell my bonds at a huge loss, I would like to do it before it is too late.
A
James A. Klotz responds:
Actually, this is precisely what our article was intended to reflect. The title acknowledges that there is a great deal of disagreement, even among the most respected analysts.
We feel, however, that if investors are uncomfortable holding Puerto Rico bonds – or any other securities – they should consider reducing their exposure to these issues.
Start here.
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