Pedestrians Walk along The Strand Bike Path in Santa Monica

Pedestrians Walk along The Strand Bike Path in Santa Monica

Patrick T. Fallon/Bloomberg

Lifeguard towers stand on the beach as pedestrians walk along The Strand bike path in Santa Monica. California general obligations maturing in October 2023 traded this week at an average yield of 2.74 percent, or about 0.5 percentage point more than benchmark munis, data compiled by Bloomberg show.