Moody's Investors Service says that the higher education sector was recently blessed with a credit positive but that the sector will experience mixed credit conditions in the next few years.
Moody's: Higher Ed Gets a Credit Positive But Its Future is Mixed
NOV 13, 2012 5:09pm ET
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A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
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