Some jurisdictions recently got better marks - what goes down can come up.
Ohio: AA+ on long term bonds. The rating was revised from "negative" to "stable" after Gov. John Kasich signed a new budget the ratings agency says will essentially balance the state's finances for the next two years.
Saskatchewan: AAA. Rather than quickly spending its newly-earned wealth, the provincial government has put its tax revenue toward paying the bills. S&P gave special credit to Saskatchewan for its “low-and-declining debt burden.”
Colombia: Raised to BBB-/A3 (Lowest "Investment Grade")
Indonesia: Raised to BB+
Bolivia: Raised to B-plus
(Chart explaining codes here.)
Link here to list of countries with AAA rating that beats the US.
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