Regional News
College of New Rochelle Dropped to Junk
Friday, January 25, 2013
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Moody's Investors Service downgraded the College of New Rochelle's bonds to Ba1 from Baa3.

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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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