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Southwestern University 2004A, B Downgraded to A2 by Moody's
Friday, February 22, 2013
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Moody's Investors Service said it has downgraded the long-term rating on Southwestern University, Texas's revenue bonds, Series 2004A and 2004B to A2 from A1.

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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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