Markets - Sell Side
After Assured Downgrade, Moody's Lowers 225 More Ratings
Tuesday, January 22, 2013
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As a result of its downgrade of Assured Guaranty, Moody's Investors Service has downgraded 225 structured finance ratings on bond issues that have been guaranteed by the bond insurer.

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Opinion

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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