United Statesmun

Bloomberg's Erin Hudson joins Katie Greifeld on "Bloomberg Real Yield." Florida's Broward County Public Schools is currently facing a budget shortfall of $100 million, the largest deficit caused by annual student enrollment declines.

Bloomberg's Erin Hudson joins Katie Greifeld on "Bloomberg Real Yield." The concerns building in the private-credit industry are starting to inflict pain in a rapidly growing segment of the US municipal debt market.