{"id":38281,"date":"2013-09-27T11:12:47","date_gmt":"2013-09-27T15:12:47","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=38281"},"modified":"2013-09-27T11:12:47","modified_gmt":"2013-09-27T15:12:47","slug":"puerto-ricos-fat-yields-luring-hedge-funds-distressed-buyers","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2013\/puerto-ricos-fat-yields-luring-hedge-funds-distressed-buyers.html","title":{"rendered":"Puerto Rico&#8217;s fat yields luring hedge funds, distressed buyers"},"content":{"rendered":"<p>Reuters &#8211; Puerto Rico&#8217;s municipal tax-free bonds yields are luring a new class of buyers: hedge funds and distressed debt investors betting the Caribbean island will keep servicing its massive debt.<\/p>\n<p>Trading volumes in Puerto Rico general obligation bonds, which are rated barely investment grade and may tumble into junk-bond territory, spiked in mid-September. Yields jumped for a few trading days above the magic number of 10 percent and prompted Puerto Rico finance officials to scale back their 2013 schedule of planned muni market sales.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/2013\/09\/27\/puertorico-bonds-distress-idUSL2N0HL2KU20130927\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Puerto Rico&#8217;s municipal tax-free bonds yields are luring a new class of buyers: hedge funds and distressed debt investors betting the Caribbean island will keep servicing its massive debt. Trading volumes in Puerto Rico general obligation bonds, which [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-38281","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=38281"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38281\/revisions"}],"predecessor-version":[{"id":38282,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38281\/revisions\/38282"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=38281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=38281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=38281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}