State of California

Traders and muni professionals said it was a typical light Monday in the municipal market — with favorable market technicals mixed with some underlying concern on the political front.

Retail buyers of municipal bonds got first shot at New York City’s big general obligation bond sale on Monday.

Weekly municipal market volume is expected to sink back below $5 billion in the coming week, making it harder for investors to price bonds.

Traders noted some caution in the muni market ahead of Friday’s release of the March unemployment report.

Bill Glasgall, senior vice president at the Volcker Alliance, and Sarah Swanbeck, from the University of California at Berkeley, discuss how the state of California became the comeback kid in finances. What is the state doing right with its budget? Where do its finances need improvement? And what’s the outlook for the state going forward? Chip Barnett hosts.

BlackRock's Peter Hayes says that municipal bond performance in the first quarter was clearly hurt by tax reform.

Buyers of municipal bonds had a variety of new issues to choose from on Wednesday as deals from New Jersey, New York, California and Maryland all came to market.

Despite municipals being a little sidetracked as Treasuries weakened, traders said there was a more constructive nature overall to the market on Tuesday.

Retail buyers were offered the chance to buy the New Jersey Tobacco Settlement Financing Corp.’s subordinate tobacco settlement bonds.

The second-quarter kicked off Monday with a little more optimism among municipal market participants after "one of the worst quarters in a long, long time."