(Bloomberg) -- Bond investors are betting that a resurgent tech-fueled boom in the Golden State isn’t just California dreaming.

The state, which faced ballooning budget shortfalls after the housing crash, is selling about $961 million in general-obligation bonds next week, its last sale of the securities this year. California debt is outperforming amid a rally in the municipal market as the state’s finances benefit from the fast- growing economy.

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