Pittsburgh belted an unusual triple when Standard & Poor’s raised its long-term rating on the city’s general obligation bonds by three notches, to A from BBB, with a stable outlook.

According to city finance director Scott Kunka, it marks the city’s 10th upgrade in its nine-year march from speculative-grade status.

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.