Regional News
Moody's: Negative Bexar County Outlook Reflects U.S. Sovereign Debt
Thursday, January 24, 2013
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Moody's Investors Service is maintaining a negative outlook on Bexar County's Aaa rating based on the San Antonio area's dependence on federal spending.

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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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