IL now paying close to 1% more than the 10 year Treasury

[william the wie]

With more taxes coming for the blue states when would be the best time for Sessions to drop the sequester bomb on Blue states and put them in default or to make the default much worse? It is quite possible that fear of default and higher underwriting costs might cause default much earlier than optimum for R success in the mid-terms. Unless you are in the @ 30% tax bracket why are you in munis in the first place?

Adjusted for a 30% tax bracket IL is paying 2.6% more than the 10 year treasury right now. That sounds like nearly breaking point right now. What's your read?