Municipalities Are Set to Handle Upcoming Turmoil, Raters Say
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Wednesday, February 10, 2010 |
The three principle rating agencies reported increased volatility and a substantial number of municipal issuer downgrades last year. Yet in their respective reviews of 2009, Moody’s Investors Service, Fitch Ratings, and Standard & Poor’s each implied that while strains will certainly continue into the next year or two, municipalities should...
