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Regional News
S&P Lowers Mets' Ballpark Bonds
by: Paul Burton
Wednesday, December 26, 2012
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Standard & Poor's lowered its rating on $700 million of Queens Ballpark bonds, used to build the New York Mets' Citi Field, one notch to BB partly because of concerns the team will continue to lose.

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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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