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A greater share of municipal bonds will be taxable in 2010 than this year and credit quality is expected to decline over the next five years due to pressure from the economy and rising pension and health care costs, according to results of a new survey conducted by The Bond Buyer and the Securities Industry Financial Markets Association.
December 16 -
Fitch Ratings Monday downgraded the insurer financial strength rating of Assured Guaranty Corp. to AA-minus from AA, and the rating of Financial Security Assurance to AA from AA-plus.
October 13
