In recent weeks, companies and municipalities that were rated “high quality” or “strong” are now experiencing a downgrade in credit ratings.

Major ratings agencies—Moody’s, S&P, and Fitch—have been particularly active during this wave of downgrades, which has resulted in falling bond prices and more investors selling bonds issued by notable names. At this time it is important to take a step back from the deafening noise and get back to the basics.

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About the author

Jody Lurie

Sr. Fixed Income Portfolio Consultant

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For more information about Janney, please see Janney’s Relationship Summary (Form CRS) on www.janney.com/crs which details all material facts about the scope and terms of our relationship with you and any potential conflicts of interest.

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