Moody's plans to review its debt ratings of California cities over the next few weeks and said it believes the risk of default on municipal bonds in the state is rising.

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BING NEWS:
  • Junk debt hits new record, posing elevated default risks, Moody's says
    While default rates remain low, changing conditions pose significant default risks as companies slide down the ratings ladder ... warned Thursday that default risk is on the rise for the nearly ...
    01/23/2020 - 11:50 am | View Link
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