State of California

Things began to quiet down in the municipal bond market on Thursday, as most of the big deals have come and gone for the week.

Investors saw more volume hit the market on Wednesday as California sold nearly $900 million of municipal bonds.

An initiative that would create a separate property tax assessment system for non-residential properties qualified for the 2020 ballot.

The New York City issuer led Tuesday's new issue supply surge as municipals traded mixed.

Deals from issuers in New York, Illinois, Tennessee and Minnesota hit the market on Tuesday.

The state pulled in $28.7 billion in the first quarter of fiscal 2019, according to the State Controller's Office.

Municipal bonds turned mixed on Monday as two New York issuers offered deals to retail buyers.

Deals from two New York issuers were offered to retail buyers on Monday as a supply-heavy week began.

The municipal bond market is set for almost $11 billion of new supply.

Municipal bond supply jumps to almost $11 billion next week as investors get set to see a wide variety of deals heading their way.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index increased 11 basis points to 4.26%.

New municipal bond issues were well received on Thursday as market tone improved.

Municipals were mixed at mid-session as Treasury investors made an about-face and pulled down yields in the wake of a stock market swoon.

Municipal CUSIP requests declined after a record surge in August, suggesting a possible issuance slowdown.

Municipal bond yields continued their march higher on Wednesday as the primary sector saw a few new deals come to market.

Rising interest rates have created a lot of early October red ink in the bond markets, says J.R. Rieger.

The municipal bond market returned from a three-day holiday weekend only to see action pick up where it left off last week — with yields heading higher.

Municipal bond supply drops off sharply next week with $4.4 billion of volume estimated to hit the screens.

Issuance was light as the municipal bond market got hammered by jumping Treasury yields.

After three quarters, only Morgan Stanley and Jefferies have increased par amount underwritten from last year.