Moody’s Investors Service completed its assessments of the outlooks of five Aaa-rated states and 161 Aaa-rated local governments previously identified as indirectly linked to the U.S. government, affecting a combined $69 billion of debt.

As a result of these assessments, Moody’s has revised the outlook to stable from negative for two states and 119 local governments, while leaving the outlook negative for three states and 36 local governments.

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.