If there is a muni collapse as some people expect, who gets slammed?
Probably you.
Households, followed by mutual funds, are the biggest holders of muni debt.
Insurers are a distant third, which suggests that even if the wheels come off, the institutional fallout won’t be dramatic.
Business Insider Emails & Alerts
Site highlights each day to your inbox.
Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.