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Moody's Lowers Baltimore City's Credit Rating Amid Financial Strain

Key takeaways

  • Moody's downgraded Baltimore City's bond rating from Aa2 to Aa3, citing declining reserves and a significant population loss impacting its financial stability.
#Municipal Bonds#Credit Ratings#Baltimore

Analysis

Moody's downgraded Baltimore City's bond rating from Aa2 to Aa3, citing declining reserves and a significant population loss impacting its financial stability.

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