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The thirst for yield helps California pull off a successful bond auction, with the size of the...

The thirst for yield helps California pull off a successful bond auction, with the size of the sale increased from $1.55B to about $1.75B. The 30-year paper in the deal was priced to yield 3.72%, the lowest in state history.
Comments (2)
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    This will be ok if Obama get's reelected, but if Romney (and that is good for the rest of the country) get's elected I would not be wanting to hold a bunch of CA bonds.
    25 Sep 2012, 09:33 AM Reply Like
  • Hendershott
    , contributor
    Comments (1635) | Send Message
     
    The market speaks.
    25 Sep 2012, 05:52 PM Reply Like
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