Regional News
California Could Triple New-Money Sales
Tuesday, October 2, 2012
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California Treasurer Bill Lockyer gauges the state is going to see a more than triple increase in new money general obligation bond sales this fiscal year compared to last.

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Opinion

Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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