BJZ News and Press, Blackrock California Municipal 2018 Term Trust

2023-05-08 06:16:29 ET California's reparations task force, which first convened nearly two years ago, has given the final approval to a list of recommendations on how the state may compensate and apologize to Black residents for historical discrimination. "Reparations are not only mora...

Interest rate volatility prompted another month of negative total returns. Below-average issuance was counterbalanced by a slowdown in demand. November could provide opportunities ahead of seasonal strength in December and January. For further details see: Muni Seasonal ...

Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind. More attractive valuations could provide near-term opportunity. For further details see: Munis Remained Tethered To Rates In September...

Modestly negative performance in August capped a robust summer seasonal period. Issuance exceeded expectations, resulting in less of a supply/demand imbalance than is typical. We maintain a defensive posture into the historically less favorable month of September. For furthe...

Rallying interest rates drove strong muni bond performance in July. Market dynamics remained seasonally favorable, with demand for munis broadly outpacing supply. A more defensive posture may be warranted ahead of elevated risks in the fall. For further details see: Muni...

California has become the first state to borrow money from the federal government so it can continue paying out unemployment benefits, serving as an early sign of the potential magnitude of federal assistance that could be required. More news on: Nuveen California Quality Municipal Incom...

By Cooper J Howard 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. As a result, Californi...

The data in this report came from CEFConnect, CEFdata.com, and CEFA on the week of December 30th. Stocks turned out some decent sized gains for the week but not without some fairly remarkable volatility. The week started off poorly with the worst Christmas eve going back to the 1930s pushi...

Marks BlackRock’s 14 th , 15 th , and 16 th Successful Term Trust to Date BlackRock Advisors, LLC announced today that each of BlackRock Municipal 2018 Term Trust (NYSE:BPK), BlackRock California Municipal 2018 Term Trust (NYSE:BJZ), and BlackRock New York Municipa...

BlackRock Advisors, LLC announced today that the Board of each of BlackRock Municipal 2018 Term Trust (NYSE:BPK), BlackRock New York Municipal 2018 Term Trust (NYSE:BLH), and BlackRock California Municipal 2018 Term Trust (NYSE:BJZ) (each, a “Fund” and collectively, the “...