State of California

Few deals priced, as trading was subdued before the Federal Open Market Committee’s interest rate decision.

Middle East unrest, oil price volatility and a Fed policy meeting all combine to weigh on this week’s $10B new-issue calendar.

Municipal yields and issuance plans both rose, showing market participants aren't uncertain about the meeting, with a quarter point cut in interest rates baked in.

Lawmakers sent Gov. Gavin Newsom a bill that would set up a commission to study if the state should require the machine-readable accounting program.

Municipal traders and managers said the tax-exempt market’s early strength translated into weakness before the end of trading — due to taxable and overseas influences.

Los Angeles and Broward County deals were offered while some say the municipal market feels "heavy" and in retreat.

It was a big day for the municipal bond market as billions of dollars of new deals hit the screens.

Issuers jump into the market as yields remain near record low levels.

With supply looking up, traders and analysts expect new issues to be well absorbed even if Treasuries correct futher.

The Chicago Public Schools also came to market with a $349 million GO deal.