Market Extra: Climate risk is hitting home for state and local governments

Across the U.S., state and local governments and the bond market that helps them are taking increasingly proactive, if piecemeal, steps toward making their communities ready for extreme weather and pollution scenarios that once seemed unimaginable.

Across the U.S., state and local governments and the bond market that helps them are taking increasingly proactive, if piecemeal, steps toward making their communities ready for extreme weather and pollution scenarios that once seemed unimaginable.