Markets - Buy Side
S&P Upgrades Dominate 4Q Rating Actions
Wednesday, February 6, 2013
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The total amount of upgrades from Standard & Poor's continued to outpace the amount of downgrades during the fourth quarter of 2012, making the year a mostly positive one for rating changes.

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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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