What is the difference betweeen Insurance and a Surety Bond
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Municipal bonds—those quiet pillars of public infrastructure—carry an unspoken vulnerability. Default risk, though historically manageable, has grown sharper in recent years. As credit spreads tighten and fiscal stress mounts in local governments, the role of bond insurance has evolved from a niche safeguard to a strategic imperative. The real question isn’t whether bond insurance works—it’s how tightly integrated it must become to preserve market confidence and prevent cascading failures.

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What is the difference betweeen Insurance and a Surety Bond
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