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Natural··Severity 7

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.

Scenario chain

Probabilities below are model estimates based on the event chain, horizon, and indicators. They are not outcome guarantees, investment advice, or emergency instructions.

A

Эскалация

32%

Forecast derived from cascade analysis. Watch confirmation indicators below.

Primary source: Bloomberg Markets

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