In 2012, municipal bonds are unlikely to return at same levels as 2011
Investment analysts worry that without further fiscal action Illinois bonds will underperform the market in the coming year.
On January 1, many new laws go into effect in the states. The National Conference of State Legislatures has a rundown.
According to the U.S. Census the 100 largest public pension plans declined 8.5 percent in the third quarter of 2011.
The $237 billion drop in public pension plans is the biggest drop since the crash of 2008