Water utility bonds might not be as safe as everyone thinks.

A coalition of investors and activist groups in a report released Thursday argues that the credit ratings used to gauge the risks of investing in water utilities — seen as among the safest sectors in the bond market — ignore some important potential pitfalls.

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.