http://www.bondsblog.net Fri, 28 Mar 2008 13:27:23 +0000 http://wordpress.org/?v=2.3.3 en 2202965http://www.feedburner.com http://feeds.feedburner.com/~r/BondsBlog/~3/332819294/ http://www.bondsblog.net/2008/03/28/auction-debt-failures-americas-growing-problem/#comments Fri, 28 Mar 2008 13:27:23 +0000 admin http://bondsblog.net/2008/03/28/auction-debt-failures-americas-growing-problem/ The U.S. economy depends on municipal auctions but as these auctions begin to fail, the increased costs of debt will eventually be levied on the consumer. From California to Florida to airports in New York and Dallas, municipalities are exiting the auction market An article in Bloomberg indicated that auction rate failures rose to about 71 percent [...]<img src="http://feeds.feedburner.com/~r/BondsBlog/~4/332819294" height="1" width="1"/> http://www.bondsblog.net/2008/03/28/auction-debt-failures-americas-growing-problem/feed/ http://www.bondsblog.net/2008/03/28/auction-debt-failures-americas-growing-problem/