State of California

The Federal Open Market Committee left rates unchanged and looked likely to keep monetary policy on a steady course for the near term.

"What, me worry?" was the slogan of the muni market on Tuesday as participants forged ahead to price and buy bonds.

Trade worries returned among investors as the Fed meets this week to decide on interest rates.

If anyone had doubts about the market's ability to digest the largest weekly issuance influx in nearly two years, those can be put to bed now that all the deals have come and gone.

The muni primary was busier than expected, as two mega deals priced one day early to take advantage of market conditions.

The state should allocate $4 billion, the majority of its 2020 private activity bond allocation, to affordable housing, said the California Housing Consortium.

A flurry of secondary trading in the 10-year spot was being driven on Tuesday by the volatility in the equity market — as well as the attractive percentage to Treasuries.

The municipal market is bracing for the biggest issuance week in nearly two years, led by three billion-plus deals.

It's a feast after a feast as billions in bonds are set to hit the marketplace.

The municipal market will get a pause from the breakneck issuance, as things will slow down for Thanksgiving but should pick up right where they left off the first week of December.

The last remaining deals of the week priced into a muni market that continues to perform strongly, as technical factors and drivers persist.

AmeriVet Securities has hired Francis McKenna to be its executive director of public finance.

Sustainable investing is called “the” trend to watch in 2020 and in the coming decade.

The influx of issuance continued on Tuesday, with the largest deal of the week leading the way in the downpour of pricings.

Investors are ready and waiting for another deal-driven week with an estimated $11.8 billion.

The action in the municipal market won't slow down yet, as bond hungry money managers will get a third week in a row of issuance greater than $11 billion.

Municipals spent Thursday following the rally in Treasuries, with new issues dominating the focus.

Next week's $500 million taxable revenue bond deal is backed by a 1% surcharge on annual incomes higher than $1 million.

The municipal market was hit with a ton and a half of new issuance with bond hungry investors waiting with open arms and cash in hand.

The risk of a state takeover of the bankrupt utility, which Gov. Gavin Newsom has suggested, is not incorporated into California's rating, S&P said.