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Fitch: U.S. Charter School Votes Pass, Credit Risks Remain
Monday, November 19, 2012
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Fitch believes votes in Georgia and Washington indicate growing public support for the charter school movement and that the number of charter schools will increase, but credit fundamentals for the sector remain weak.

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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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