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US municipal defaulters decline amid improving economy

Improved local-government finances support rally in their debt
Friday, January 2, 2015 - 05:50

New York

US municipal issuers are defaulting at the slowest pace since at least 2010 as a strengthening economy boosts local-government finances.

With the US economy expanding the most in more than a decade, improved balance sheets for cities and counties are easing concerns of

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