muncipal bond http://michiganradio.org en Who will buy Detroit Schools bonds? http://michiganradio.org/post/who-will-buy-detroit-schools-bonds <p>The opportunity to buy bonds from a troubled school district run by an emergency manager, in a city that's just filed for bankruptcy, may seem akin to the opportunity to get your hands on some great snake oil, or a big lot in a Florida swamp, cheap.</p><p>But one municipal bond portfolio manager thinks Detroit Public Schools' bond offering, expected tomorrow, could actually be a good deal.</p><p>"There's an extraordinary amount of interest in buying short maturity bonds with high yield," says Josh Gonze of Thornberg Investment Management based in Santa Fe, New Mexico.</p> Mon, 19 Aug 2013 14:31:07 +0000 Tracy Samilton 14046 at http://michiganradio.org Who will buy Detroit Schools bonds?