California

The weaker-than-expected employment report sent U.S. Treasury yields lower and equities sold off. Munis did what they've been doing — mostly ignored it.

Revenues from the Bay Area Toll Authority's seven bridges are recovering more slowly than many other U.S. toll roads, but it enjoys strong credit fundamentals.

A U.S. Department of Labor action has halted all federal grant funding to California transit agencies, in a rerun of a 2013 dispute.

California will seeks its share of infrastructure bill funding to provide equitable access to high-speed internet.

The state has an estimated $31 billion budget surplus to work with as the governor preps this fall for his January budget reveal, the Legislative Analyst’s Office said.

The massive Chicago-based system that operates in 21 states scored a ratings boost from S&P and a revised outlook to positive from Fitch.

Jennifer Johnston, director of research, municipal bonds, at Franklin Templeton, talks with Chip Barnett about whether a “Great Migration” from cities like New York and San Francisco is really taking place or is it just an urban myth. (19 minutes)

A planned 4,500-bed dorm at the University of California Santa Barbara comes as the neighboring city threatens to sue over a lack of on-campus housing.

The long end of the municipal curve rallied under a backdrop of stronger-than-expected October jobs data and upward revesions to the prior two months ahead of the arrival of $9.6 billion next week.

A first-time home buyer program would be fueled by a huge bond component, if Sen. Robert Hertzberg gets lawmakers to put it on the ballot and voters approve it.

California faces a $117 billion highway repair backlog and the highest gas tax in the country. The question is whether the fuel-tax funded SB 1 is doing enough.

The public power procurers face cost challenges that drove one into bankruptcy, even as more established aggregators begin issuing bonds.

Gavin Newsom unveils his annual budget proposal in mid-January.

Fitch Ratings changed the outlook on the city's bonds to stable from negative ahead of the deal.

The $1 trillion spending bill could boost GDP by 0.2% by 2031.

Profits were up in New York City's securities industry, according to the state comptroller's annual report, even as job losses accelerated.

Lawmakers asked Treasurer Fiona Ma to work with the state's housing agencies to craft a first-time homebuyers' program unique to California's housing crisis.

A California Public Finance conference panel asked what the municipal bond industry can do better for women and minorities.

The knock-on effects of COVID-19 are omnipresent, issuers said at the Bond Buyer's virtual California Public Finance Conference. For some government officials, certain changes to how business gets done have been positive.

Public finance bankers predicted that 2022 could be another strong one for muni bond issuance at the Bond Buyer's California Public Finance conference.