Dalpiaz Sees `Bumpy Ride' for California Bond Buyers: Video

Oct. 8 (Bloomberg) -- Thomas Dalpiaz, who manages municipal bonds for individuals at Advisors Asset Management, talks with Bloomberg's Julie Hyman about California's scaled-back $4.125 billion offering of long-term bonds and the outlook for the municipal-bond market. California, the U.S. state with the most people, the lowest credit ratings and record 12.2 percent unemployment, got $505 million in orders during two days reserved for retail buyers, the California treasurers office said yesterday. (Source: Bloomberg)

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