BRADENTON, Fla. — The fiscal distress in Jefferson County has elicited renewed calls from a financial analyst for investors to be cautious when buying debt sold by issuers from Alabama.

Meanwhile, Moody’s Investors Service on Monday said the events unfolding in the state’s most populous county — which recently placed 547 employees on administrative leave without pay due to budget constraints — is also a credit negative for other issuers within the county’s boundaries.

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