Bonds of PG&E Corp. and Edison International broadly weakened on Monday after California lawmakers rebuffed a key provision of Governor Gavin Newsom’s plan to shift wildfire liabilities from the state’s utilities.
Macro Bloomberg Aug 31, 2026
PG&E, Edison Bond Spreads Widen on Wildfire Liability Fears
Bonds of PG&E Corp. and Edison International broadly weakened on Monday after California lawmakers rebuffed a key provision of Governor Gavin Newsom’s plan to shift wildfire liabilities from the state’s utilities.
