Assured Guaranty said Monday that it disagrees with the trustee for Jefferson County, Ala.'s sewer warrants to suspend payments, and will continue to make good on its insurance policies.
AGM Says It Will Continue to Insure JeffCo Payments
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