Which states have the riskiest muni bonds right now?

readytoretire answered 11 months ago …

Based on credit default swap prices, California does lead the pack, with prices back down to $400,000 a year to guarantee $10 million of debt. Michigan is next at $365,000. In addition to the states, counties and cities are also in the problem list. Jefferson county, Al is struggling with 3.2B in sewer debt. Standard & Poor also rates the states and counties on the quality of their offering.
For a current pricing report, (which will show how other investors think of the bonds), go to http://www.municipalbonds.com/ and click on a state.