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Third Wall Street firm downgrades Connecticut’s bonds
HARTFORD, Conn. – As of Tuesday, three of the four Wall Street credit rating agencies have downgraded Connecticut’s bonds since May.
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Two Wall Street firms downgrade Connecticut bonds
HARTFORD, Conn. – Two of the four Wall Street rating agencies lowered Connecticut’s credit rating one notch prior to an upcoming bond sale. Standard & Poor’s and Fitch Ratings lowered Connecticut’s general obligation bonds from AA to AA-. Moody’s Investors Service and Kroll Bond Ratings affirmed their Aa3 and AA ratings, respectively, but gave the…