“The coming years will happen in the U.S. crisis, which is now in the euro area” – shared the opinion of George Soros, head of fund Soros Fund Management. This may contribute to the financial problems that are now the states and municipalities.
Because of the problems in Greece and Ireland, and rumors spread about the debt crisis to other countries, beginning in 2010 the euro fell by 5% against the dollar.
Already, as the Bloomberg, U.S. municipal bonds rapidly lose in value, the ten-year bonds yield 3.56% per annum, and only six months ago the rate was at around 2.75%.