It is important to monitor a bond's rating regularly.
It is important to monitor a bond's rating regularly. For example, A1 is better than A2 but still not as good as Aa. Moody's Bond Record, the Bond Guide provides more corporate financial data. In general, the current system works well in evaluating the credit of corporate issuers on a current basis. Covers bonds issues by federal, state, county, and local government. Additional resources can be found in CLIO, the library catalog. Build a consistent flow of income from a staggered fixed income portfolio based on bond maturities. Of course, because there is less risk of default, the interest rate for these securities is low compared to other bonds.
Significant additional regulatory oversight of the ratings process is neither necessary nor desirable.