The turbulent clouds that settled upon California’s bond market are beginning to dissipate, as the state’s general obligation debt was recently upgraded to ‘A’ by Standards & Poor’s. It has been almost a year since the rating agency has had a sunny outlook on the Sunshine State, but a series of improving economic data and better fiscal position have been turning things around.
Business Insider’s slideshow showcases several key factors of how the state “came back from the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards