Posts Tagged ‘municipal debt’


Deprecated: Function get_the_author_description is deprecated since version 2.8.0! Use get_the_author_meta('description') instead. in /mnt/stor3-wc2-dfw1/509309/www.mygovcost.org/web/content/wp-includes/functions.php on line 5379

Super-Downgrade Me!


Thursday August 18th, 2011   •   Posted by Emily Skarbek at 10:52am PDT   •   1 Comment

Since last summer, the top 3 ratings agencies (S&P, Moody’s, and Fitch Ratings) have made 196 “super-downgrades” on municipal bonds, according to research popularized in today’s Wall Street Journal. Super-downgrades are defined as cuts of at least three grade-letter scores on the traditional scale used by the firms. For example, when the US treasury…
Read More »

Facebook Twitter Youtube

Search MyGovCost