State of California

Municipal bond volume continues to accelerate, closing out the month of September 39.1% higher and the quarter 17.8% higher than a year earlier, as issuers flocked to market with taxable deals.

As we enter the fourth quarter, municipals continue their remarkable performance with the market continuing to follow trends of demand outstripping supply and inflows into the asset class.

Most of this week’s municipal bond deals were well received, according to Peter Delahunt of Raymond James.

Munis strengthened Wednesday, the day after about 80% of the week's new issue calendar came and went.

The market had no trouble absorbing Texas Water's $877 million and a $1 billion deal from New Jersey Transportation Trust.

Municipal bond supply will keep on keeping on this week, continuing a boom that started August.

The primary market was somewhat stagnant after the FOMC but things should revert back how they were before — with most deals getting put away quickly.

Municipal bond yields moved lower in secondary trading as some big deals were sold.

The market got what it expected and can now shift attention to the week's remaining deals after Fed policy makers cut interest rates by a quarter point.

The cloud-based debt management and reporting service hired Mark Campbell as head of western region client management.