State of California

Munis were stronger Monday as bond buyers kept an eye on the Federal Reserve policy makers' meeting.

Monthly volume rose the highest in the year to date, as an increase in new-money deals partly offset a decline in refunding transactions.

Municipal bond buyers are awaiting this week’s new issue supply as they keep both eyes firmly on the Federal Open Market Committee’s monetary policy meeting.

Weekly municipal bond volume will be down with the Federal Open Market Committee set to meet, though no interest rate increase is expected.

The municipal bond market will see a light new issue calendar next week as the Federal Reserve meeting on monetary policy puts a damper on new debt issuance.

Municipal bonds steadied after sliding the previous day, as the last of the week’s new issuance came to market.

Californians will weigh $13 billion in state water bond measures this year, split between two elections.

Munis were stronger on Thursday as the last of the week's supply slipped into the market.

Municipal bonds were weaker Tuesday as Illinois sold $500 million of bonds and the N.Y.&N.J. Port Authority deal was priced.

The recent performance of munis has reset relative valuations to more attractive levels, according to BlackRock's Peter Hayes.