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Keeley Webster

Keeley Webster is the regional editor for The Bond Buyer’s nine-state Far West Region. Keeley started at the paper in August 2011 as a reporter covering the nexus of public finance and politics in the West Coast region. She tracks debt sold by state and local issuers to pay for schools, roads, rail and bridges – and more unique financings such as funding for Los Angeles’ Oscars museum. She also writes about state legislative changes such as California’s restrictions on capital appreciation bond issuance, the fallout from the dissolution of the Golden State’s redevelopment agencies, municipal bankruptcies and pension struggles. Prior to The Bond Buyer, she wrote about commercial real estate for the award-winning California Real Estate Journal until the paper folded. She moved into business reporting in 2000, but has covered politics, cops, courts, education and environmental issues for newspapers in seven different states. She has also earned several awards for her work, including an Associated Press award for in-depth reporting.

Recent Stories From this Author

KNN Hire Fuels Firm's California Growth Plan
May 25, 2016 Financial advisory firm KNN Public Finance has hired public finance banker Melissa Shick as a director to help with the growth...

Eased Restrictions Seen as Positive for California Water Agencies
May 23, 2016 California Gov. Jerry Brown's recent executive order about state water restrictions is a credit positive for local water...

California Seen As Tackling Infrastructure Gaps
May 19, 2016 California is beginning to address some key infrastructure gaps, Wells Fargo analysts said in a report.

California Voters to Consider 57 Bond Measures
May 18, 2016 California voters will be considering 57 bond authorizations with supporting tax increases when they cast a ballot in the...

San Diego Announces Three Labor Deals
May 17, 2016 San Diego announced agreements with three unions that city officials say will lock in pension reforms.

California Treasurer Will Run for Governor in 2018
May 17, 2016 Treasurer John Chiang’s name has been floated over the past several months as a candidate for governor – and Tuesday he made...

Infrastructure Rally Planned in Sacramento
May 17, 2016 The League of California Cities is part of a planned Sacramento rally to raise awareness about the state’s dilapidated...

California Governor Cautions on Budget, Revenue
May 13, 2016 California Gov. Jerry Brown released a revised state budget proposal that he said would fund core programs while paying down...

Boosted by Desalination, San Diego County Water Brings Refunding
May 12, 2016 With water from a desalination plant flowing through its pipes, the San Diego County Water Authority heads to market with a...

California April Revenue Misses Projection
May 10, 2016 California’s April revenues fell short of estimates in Gov. Jerry Brown’s proposed 2016-17 budget by $1.19 billion, according...

Order Makes Many California Water Mandates Permanent
May 10, 2016 California Gov. Jerry Brown issued an executive order to make many statewide temporary conservation measures permanent, saying...

Orderly Restructuring Vital for Puerto Rico’s People, Lew Says
May 4, 2016 U.S. Treasury Secretary Jack Lew said concern for the people of Puerto Rico is the primary reason he wants lawmakers to adopt...

Victorville Airport Gets Ratings Boost, Still Junk
May 3, 2016 The Southern California Logistics Airport Authority’s subordinate tax allocation revenue bonds enjoyed a Moody’s Investors...

Governors Talk Jobs, Transportation, Free Trade at Milken
May 3, 2016 Despite what they say is low unemployment in their states, four governors who spoke on a panel at the Milken Institute Global...

After Bankruptcies, Murky Future for California POBs
April 28, 2016 The future of pension obligation bonds remains cloudy in California in the wake of the haircuts imposed on their holders in...

Finish Line in Sight for San Bernardino Bankruptcy
April 28, 2016 San Bernardino is on track to exit bankruptcy by the end of the year, City Attorney Gary Saenz said.

Hawaii Taps Kaiser Permanente to Run Maui Hospitals
April 26, 2016 Hawaii signed a lease agreement with Kaiser Permanente in which the health system will take over three struggling Maui...

California Seen Among States Least Prepared for Recession
April 22, 2016 California is the least prepared to weather a recession of the four most populous states, according to a Moody’s Investors...

California Reports $195M in Refunding Savings
April 21, 2016 California achieved $195 million in net present value savings on a $1.5 billion competitive sale that included a sizeable...

Long Beach Closes on Financing for Civic Center P3
April 21, 2016 Long Beach, Calif. closed Wednesday on $513 million in financing on a public-private partnership for a new city hall, port...


Daniel Berger, Senior Market Strategist at Municipal Market Data, talks about the recent rally in municipal bonds which has brought long-term yields down to record lows. He talks about continuing demand from retail investors in light of the upcoming Summer redemption season and he discusses the allure that the American tax-exempt market has for overseas buyers. He outlines the recent spread compression in quality credits and also looks at some of the market's outliers -- Puerto Rico and Chicago.

Our legislation would preserve money market funds as a source of liquidity and capital for public the infrastructure needs of our citizens.

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