Puerto Rico to Default on $422 Million Bond Payment

John Herrmann, rates strategist at Mitsubishi UFJ, and Michael Holland, chairman at Holland & Co., discuss Puerto Rico's announcement that the commonwealth will default on a $422 million bond payment for its Government Development bank. They speak on "Bloomberg Surveillance." (Source: Bloomberg)

How Investors Can Fight the Urge to Go to Cash
02:31 - In today's "Single Best Chart," Bloomberg's Tom Keene displays the performance of the S&P 500 going back to 1927. He speaks with Brian Levitt, senior investment strategist at OppenheimerFunds, on "Bloomberg Surveillance." (Source: Bloomberg)
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