US State Debt Levels Rose in 2021 at Fastest Pace in Five Years

(Bloomberg) — US state debt loads jumped last year as historically low interest rates and a bounty of investor demand led to record sales in the $4 trillion municipal bond market. Most Read from BloombergUS Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008Musk Tweets About Underpopulation After Report He Fathered Twins With EmployeeTycoon Whose Bet Broke the Nickel Market Walks Away a BillionaireBoris Johnson Odds: Who Are the Front-Runners to Replace PM?China Considers $220 Billion Stim
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