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Bonds

You May Own Puerto Rico Debt and Not Know It

Your retirement savings could take a hit from the Puerto Rico debt crisis.

That may sound far-fetched, but many retirement funds invest in municipal bonds — and Puerto Rico bonds were very popular because of their tax-exempt status and high yields.

The problem for American investors now is that they may have more exposure to the Puerto Rico bankruptcy than they realize. And the losses are expected to be steep.

Here's how you can find out how much exposure you have to Puerto Rico...