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June 26, 2015
Each week the Fixed Income team releases its views on macro strategies including duration, country and currency, and sector strategies such as securitized debt, corporate credit, emerging markets debt, government/agency, and municipals.
Puerto Rico's approach to managing its municipal debt appears to be in flux. However, two recent developments suggest an abrupt and significant shift in approach by Puerto Rico's government.
Greece: Still Likely to Remain in the Eurozone