Morningstar tools for advisors: Compare or analyze a group of funds by using the plus button
Contact us
Contact us

New Jersey: Why the garden state is under scrutiny

Kristen M. DeJong, CFA
Senior Research Analyst
Hero image

New Jersey’s new governor, Phil Murphy, inherits many fiscal challenges faced by the second-lowest rated state in the nation. Rated A3/A/A by Moody’s, S&P and Fitch, New Jersey ranks higher than only Illinois (rated Baa3/BBB-/BBB). New Jersey’s slow-growing economy, large pension and retiree healthcare liabilities and an elevated debt burden continue to pressure the state’s credit profile.

Read full article.

Related Articles
The Capitol building Municipal bonds U.S. government takes action to support municipal bonds
laptop with microphone

Conference call replay

Closed-end fund market update