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Washington - Taxation
Moody's Warns of U.S. Downgrade If Budget Negotiations Fail
by: Jennifer DePaul
Monday, November 12, 2012
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The creditworthiness of the U.S. federal government hinges on the outcome of budget negotiations in 2013 between the newly re-elected Barack Obama and the still divided Congress, a new Moody's report warned.

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Commentary - When It May Be Virtually Free to Be Tax Free
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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