The failure of lawmakers in Washington to come to grips with a fast-approaching deadline to boost the federal debt ceiling is beginning to affect the municipal bond market.

Some of the nation’s ­strongest muni credits are reevaluating when to bring their bonds to market as Moody’s Investors Service on Tuesday placed five of the 15 triple-A rated states on review for possible downgrade.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.