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Bond volume was 4.2% lower than it was a year ago but increased from March and April’s low totals.
May 29 -
California may need to use interfund borrowing to get its budget into balance, Gavin Newsom said.
May 15 -
California lawmakers have tough decisions ahead as they work to balance the budget, Gavin Newsom said in introducing the "May Revise" budget.
May 14 -
Depending on recovery, state's deficit could soar to $126 billion.
May 8 -
The U.S. Supreme Court is expected to hear oral arguments this fall in California v. Texas.
May 7 -
The state government, which was looking at multibillion-dollar surpluses before the coronavirus struck, is now facing a $54.3 billion of red ink.
May 7 -
The California Supreme Court will hold online oral arguments Tuesday in a public pension case that could challenge the so-called "California Rule."
May 1 -
April finished with $23.7 billion of issuance, a 15% decline from the $27.9 billion in April 2019. Volatility from the pandemic has caused erratic swings in benchmark yields, resulting in the lowest muni volume total in the month since 2011.
April 30 -
California's response to COVID-19 became a factor in Verity Health System's Chapter 11 proceedings.
April 30 -
Secondary market trading showed yields rising slightly, but the primary market again showed signs of life, as demand for the asset class seems to be gaining ground.
April 21