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.
Wednesday, July 20, 2011
Debt Fight Sparking Muni Fears
The Bond Buyer reports:
