Market Update: Spain Risks Market Lockout

Spanish notes have delivered the world’s worst returns on securities repayable in five years or less for the past three months, jeopardizing the nation’s last line of defense against being locked out of capital markets.

The Risk of Insuring Puerto Rico's $70 Billion Debt
43:52 - Tim Coleman, group head of restructuring at PJT Partners, explains the options for Puerto Rico in dealing with its $70 billion of debt and the risk MBIA is taking on in insuring the territory's bond payments. He speaks on "Bloomberg ‹GO›." (Source: Bloomberg)
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