Markets - Market News
Utah Muni Power Systems' Central-St. George Bonds Cut to A-Minus by S&P
Friday, January 18, 2013
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Standard & Poor's Ratings Services said it has lowered its rating on Utah Associated Municipal Power Systems' (UAMPS) Central-St. George transmission project bonds to A-minus from A-plus.

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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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