According to a recently released report, municipal bonds, which finance a large portion of the nation’s water utilities and infrastructure, may not carry ratings that reflect the growing pool of risk surrounding the nation’s water supply. Jointly produced by Ceres and Water Asset Management, the report is one of the first to examine the significance of mounting national water crises for the municipal bond market.
The report comes at a critical time: in addition to a national economy that might not be able to withstand another investment fiasco, the water crisis in many parts of the country is becoming increasingly apparent.
Read More: http://www.siswebs.org/water/story.php?title=Risky_Business_2_Municipal_Bonds-1
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