Markets - Market News
Cook County SD 169, Ill., Outlook Revised to Negative by S&P
Tuesday, November 27, 2012
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Standard & Poor's Ratings Services said it revised its outlook to negative from stable and affirmed its BBB-plus long-term rating on Cook County School District No. 169 (Ford Heights), Ill.'s series 2011A taxable general obligation refunding school bonds, series 2011B GO limited school bonds, and series 2011C taxable GO limited...

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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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