Harrisburg, Pa.’s near-miss on its general obligation debt, Warren Buffett’s gloomy foreshadowing of a “terrible problem,” and flirtations with a double-dip recession have not much changed the tenor of analysts’ expectations for the strength of municipal credit.

Analysts, bankers and investors at the Bloomberg Cities & Debt Briefing in New York City on Wednesday continued to express a reserved optimism about how dependably state and local governments will repay their debts.

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