• / Free eNewsletters & Magazine
  • / My Account
Home>How Will California Water Shortage Affect Water Utilities’ Municipal Bonds?

How Will California Water Shortage Affect Water Utilities’ Municipal Bonds?

Perspectives Content Submission

Fri, 29 Aug 2014

Key Points California’s water shortage has prompted rationing and redoubled conservation efforts. While most water utilities in the state have sufficient water supplies in storage, usage restrictions could reduce their revenue if they can’t raise rates. Still, we don’t believe the restrictions will

Related Videos

  1. Investors Continue to Take on Credit Risk

    September and third-quarter asset-flows data show that investors remain cautious of interest-rate risk and a fully valued stock market, and instead prefer nontraditional bonds and foreign equities.

  2. Don't Write Off Munis Out of Hand

    Munis have faced both interest rate and credit risk pressures, but at current levels, this varied asset class is worth considering, especially for those in higher tax brackets, say Morningstar's Candice Lee and Eric Jacobson.

  3. Yellow Flags for Nonrated Munis

    Despite their extra income, nonrated municipal bonds can expose investors to lower-credit-quality, less-liquid issues with a tremendous research requirement, says Morningstar's Eric Jacobson.

Upcoming Events
Conferences
Webinars

©2014 Morningstar Advisor. All right reserved.