Moody's Investors Service said it has upgraded the city of Wenatchee, Washington's unlimited tax general obligation rating to Ba1 from Ba2 and its limited tax rating to B1 from B2. At this time, Moody's also has downgraded the city's senior lien combined water and sewer enterprise revenue rating to Baa1...
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