Standard & Poor's Ratings Services said ti has revised its outlook to negative from stable and affirmed its BBB-minus long-term rating on Jefferson Parish Hospital Service District No. 2, La.'s $170 million series 2011 hospital revenue and refunding bonds.
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.
the bond buyer conferences
September 25-27, 2013JW Marriott LA Live, Los Angeles, CA
October 27-29, 2013Crowne Plaza Times Square Manhattan, New York, NY