Markets - Market News
Moody's: Massachusetts Local Governments Stay Strong, Challenges Remain
Monday, January 7, 2013
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Despite the slow pace of the economic recovery, Massachusetts local governments continue to maintain their strong credit quality, says Moody's Investors Service in a report.

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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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