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Moody's lowered the ratings of Assured Guaranty Corp. and Financial Security Assurance, even as it lauded their financial strength.
11/17/2008Assured Guaranty, one of the last three bond insurers to still carry a AAA rating, announced it has acquired rival Financial Security Assurance, also rated AAA.
11/10/2008MBIA and Ambac retained an investment grade rating of Baa1 despite recent downgrades by Moodys Investors Service.
10/27/2008Despite upheaval in the financial markets, most state and local governments are expected to meet their debt service obligations and continue to have a low risk of default, according to a study by Standard & Poors.
10/20/2008We've been saying for months that municipal bonds are trading at historically low prices and extraordinary yields. Others are taking notice, too.
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