State of California

California came roaring into the market on Tuesday, beating out the storm to appeal to both retail and institutional investors.

Retail investors get first crack at California's general obligation bonds priced on Tuesday.

After a typically quiet Monday for municipals, market participants are eagerly awaiting the commencement of this week's new issue slate, which is led by California's $2.1 billion offering.

Municipals were sleepy on Monday, typical for the asset class after a quiet trading session on Friday where they outperformed Treasuries; some investors were looking ahead to the upcoming week’s supply, led by a pair of billion dollar deals from California and Oklahoma issuers.

Investors will be rewarded for their patience with the year's biggest weekly issuance calendar, including a deal from the market's No. 1 issuer.

While the mood remained tentative on the last day of the week, the municipal market looks forward to the upcoming $7.5 billion of new supply headed its way.

Municipal bonds held firm Thursday as one trader urged buyers to find opportunities by using an old basketball offensive philosophy.

New money sales made up for a drop in refundings, pushing the region past $95 billion of volume.

Municipal bonds were trading firmer Thursday as the last of the week's big deals came to market.

Municipal bond buyers welcomed several big deals on Wednesday as demand outpaced new bond supply.