By Tyler Durden, includes “… Of course, the repeated warnings about Illinois' spiraling pension crisis continue to be of absolutely no concern to muni bondholders who continue to push general obligation bonds to new highs with each passing day. Ironically, while bondholders aren't all that concerned about Illinois' financial problems, taxpayers are seemingly fed up with repeated income tax hikes, property tax hikes and the state’s political dysfunction which have resulted in record population losses over the last three years ... Last time we checked, non-residents weren't on the hook to pay Illinois taxes...”