BlackRock's Hayes on Puerto Rico Default and Muni Market

Peter Hayes, head of municipal bonds group at BlackRock, breaks down the market impact of Puerto Rico's default on a $422 million bond payment for its Government Development Bank. He speaks on "Bloomberg ‹GO›." (Source: Bloomberg)

Full Show: Surveillance (09/22)
20:15 - Bloomberg Surveillance hosted by Tom Keene and Francine Lacqua. Guests include John Studzinski, vice chairman at The Blackstone Group, Ellen Zentner, chief U.S. economist at Morgan Stanley, and Andrew Wilson, chief executive officer for EMEA at Goldman Sachs Asset Management. (Source: Bloomberg)
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