State of California

Worries about a future interest rate hike couples with a rise in Treasury issuance pressured muni yields Thursday.

California is still decades away from prefunding retiree health benefits liability, said State Controller Betty Yee.

Bank of America Merrill Lynch won a large note sale in the primary sector on Thursday as the market eyes bond yields, which have been on a tear since the beginning of the month.

The municipal bond market is focusing its attention on Thursday on rising bond yields a day after the Federal Reserve signaled it could raise interest rates at its next meeting in March.

Municipal bond market participants are weighing in on what they think about what President Trump said about infrastructure in his State of the Union address.

Municipal bond market participants are weighing in on President Trump's call for infrastructure financing in his State of the Union address.

Municipal bond market participants await details of President Trump’s plans for infrastructure spending.

The governor, treasurer, attorney general and legislature are all working to facilitate banking services to the market.

Robert Feyer passed the baton to Bryan Victor as lead bond counsel for the largest municipal bond issuer.

Several big deals hit the primary on Tuesday as the municipal bond market weakened ahead of President Donald Trump’s State of the Union address and the FOMC meeting.