Yields on all triple-A benchmark curves out to nine years are now below 1%. The largest bumps were again on the very short end of the curve. Lipper reported $580 million of inflows.

California lawmakers have tough decisions ahead as they work to balance the budget, Gavin Newsom said in introducing the "May Revise" budget.

Oklahoma lawmakers stood their ground after Gov. Kevin Stitt vetoed the budget and diversions from pension funds and transportation.

Signs of an economic downturn appeared in April revenue collections, said Tennessee's Finance and Administration Commissioner Butch Eley.

Most observers expect advance refundings and BABs will be included in some legislation enacted this year.

The commonwealth has been able to access less than 30% of the aid the federal government promised after the devastating 2017 hurricane.

The Garden State may be facing a more than $10 billion shortfall through the end of next fiscal year, according to Treasurer Elizabeth Maher Muoio.

Former California Gov. Jerry Brown thinks the U.S. and Europe should have taken a page from Taiwan’s book in dealing with the coronavirus.