Disney Related Bonds Trade 10% Lower On Fitch Agency Downgrades and BondView Lowers Market Rating to 2 Stars. Fitch Ratings put the Reedy Creek Improvement District’s (RCID) bonds on “negative watch,”…
Key Takeaways: 1) Despite an overall improvement in the outlook for the municipal bond market, some sectors may remain vulnerable to default until the economy turns the corner. 2) BondView…
Strike up another body blow against the big three credit ratings agencies. The SEC said the in-house procedures of one of the world’s top three ratings agencies has been leaking…
“American Idol” is the most watched television show ever. Steven Tyler and the other judges do a fine job rating contestants. But the judging skills of the big 3 credit…
Standard & Poor’s Ratings Services downgraded refunded municipal bonds that were rated AAA in a follow-up to its downgrade notice of the U.S. triple-A outlook to negative from stable.
As the U.S. has just discovered, a wounded credit-rating agency is a dangerous beast.
Credit raters judge risk & value and were given special limited liability privileges because investors and markets crave their expert opinions. Ideally they provide an objective baseline for consistent rating…
In mid August, the bond section of the Charles Schwab brokerage Web site said a representative ten-year, single-A muni yielded 5.9%, and a ten-year, triple-A yielded 4.1%. But when you…