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What California’s Turnaround Means for the Muni Market
What California’s Turnaround Means for the Muni Market FIXED INCOME GOVERNMENT POLICY BONDS
By COOPER J HOWARD MAY 07, 2019 California’s finances were a mess following the 2008 credit crisis, but that’s no longer the case. The turnaround in the Golden State has resulted in higher credit quality for many issuers in the state, and lower spreads for California muni bonds.