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September 01, 2020 10:18am
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Even Municipal Bonds Aren’t Safe From Downgrades

By: ETFdb
It seems like no asset is safe in this coronavirus-stricken market—even municipal bonds, which were once seen as some of the safest debt issues in the fixed income space. S&P Global Inc and Moody’s Corp, two of the largest credit rating agencies, issued downgrades that included municipal bonds.
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