Markets - Market News
El Paso Water Outlook Revised to Positive by S&P
Monday, November 12, 2012
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Standard & Poor's Ratings Services has revised its outlook to positive from stable on El Paso Water Utilities Public Service Board, Texas.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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