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Regional News
Fitch Affirms California Veterans Bonds
by: Randall Jensen
Thursday, January 10, 2013
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California Department of Veteran Affairs' $1.23 billion of general obligation and revenue debt will remain rated AA-minus by Fitch Ratings, and they will also keep a negative outlook.

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Commentary - When It May Be Virtually Free to Be Tax Free
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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