The Bond Buyer: Kenneth Naehu Quoted in “Calif. Agency Sells $526M for Washington Wind Power”

"Calif. Agency Sells $526M for Washington Wind Power," by Randall Jensen, The Bond Buyer.

“The market is pretty strong for well-rated essential service-type issues,” said Kenneth Naehu, managing director and fixed-income portfolio manager at Bel Air Investment Advisors LLC in Los Angeles. “The simple story is that essential-service credits and well-rated bonds are going to be moved at very attractive levels for the issuer.”

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