Despite some goods news from a major rating agency yesterday, the $54 million tax anticipation note deal planned by Suffolk County, N.Y., is still going to be a hard sell, according to municipal market participants.

The county got a small boost when Standard & Poor's Corp. placed its general obligation bonds on CreditWatch with positive implications. In June the agency had demoted the GOs to BB from BBB-plus and put them on negative CreditWatch.

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