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Puerto Rico’s bonds tumble after Trump comments on debt


The price of Puerto Rico’s general obligation bonds plummeted as much as 25 percent on Wednesday after President Trump said investors in the US territory’s debt will have to “wave goodbye” to ever getting repaid. “We’re gonna have to wipe that out,” Trump told Fox News after he toured some of the devastation on the...
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Source: New York Post


15:49, October 4, 2017 Kevin Dugan, Carleton English

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