Moody’s Says Winston-Salem is Stable

Moody's Investor Services has upgraded its outlook on Winston-Salem from negative to stable.  If you want to know what that means please ask someone who knows something about municipal bonds, not your friendly neighborhood average English major (me). If I had to guess though, I'd say Camel City (and Greensboro and Guilford County) had negative ratings because of their municipal credits linked to the U.S. Government. Just goes to show that the old saying about lying in bed with dogs has some merit to it.

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