16. That controversial call was widely condemned, especially on Wall Street, where the muni market is an enormous profit spinner.
这一颇有争议的预测遭到了来自各方的批评，其中尤以华尔街为甚；市政债券是华尔街的一大利润来源。
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17. They hope the widely held view that muni defaults are unlikely will be proved as big a misconception as the notion that house prices never fall.
他们希望，地方债券不太可能违约这一普遍观点，将被证明是个跟房价永远不会降一样的错误认识。
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18. That is because interest on municipal bonds is generally tax-exempt. Investors accept a lower yield on a muni-bond than on a comparable Treasury bond on which they pay tax.
19. That's because S&P is expected to follow its U.S. downgrade with cuts in ratings of some muni bond issuers, particularly states that get significant amounts of federal funding.
因为继美国国债评级下调之后，预计标普会降低这些市政债券的评级，尤其是那些拥有庞大联邦基金的州。
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20. ABC will foot the bill for any city expenditures, including security rerouting of Muni services and movement of street cables to accommodate the stage and recording equipment.
ABC将任何城市结算帐单以支出，包括安全水源改道Muni服务和运动的街头电缆适应阶段和录音设备。
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21. But the best deal going has got to be the Muni Passport, it grants unlimited travel on all Muni vehicles for a consecutive period, just like a monthly commuter ticket in China.
你如果买的是几日有效的车票，在有效期内就和国内的月票一样使就行。
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22. But the best deal going has got to be the Muni Passport, it grants unlimited travel on all Muni vehicles for a consecutive period, just like a monthly commuter ticket in China.
