BRADENTON, Fla. – A bond insurer is taking a big swing at getting back the payouts it made on the defaulted debt that financed a Virginia city's unprofitable golf course, this time in federal court.

Buena Vista and New York-based ACA Financial Guaranty Corp. are locked in a legal battle over $9.2 million in bonds issued 11 years ago to build a municipal golf course. The course, Vista Links, was ...

Bond math isn’t always intuitive, but a basic understanding of it lies within most investors’ grasp and can help them stay the course in turbulent markets. From 2021 to 2022, for example, the ...