Markets

Trustees on the Gustine Unified School District governing board clashed with each other and members of the public Wednesday night over criticisms of the board's transparency and district management of the Measure P bond.

When Port City voters approved Wilmington's $38 million parks bond last fall, the 15 projects named were distant prospects. This year, the work begins.

California will appeal to international investors when it prices $1.2 billion of taxable GOs

Municipal bonds ended narrowly mixed on Monday, ahead of the start of the week's scheduled $6.82 billion of new issuance, traders said.

Fitch upgraded Children's Hospital Medical Center of Akron.

Municipal bonds were stronger at mid-session, according to traders, who were eyeing declining muni yields as they await the start of the week’s new issuance. Muni volume is estimated at $6.82 billion this week.

Craig Brothers is among fund managers who are sticking with a shorter duration core strategy as the market awaits the Federal Reserve Board’s June decision on rates.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.820% high rate, down from 0.825% the prior week, and the six-months incurred a 0.945% high rate, down from 0.950% the week before.

The Treasury Department said Monday it will sell $55 billion of four-week discount bills Tuesday.