Snooze-fest CA debate jolts betting markets as Steyer leads, Becerra cools

A dull California governor debate unsettled the race on betting markets: Tom Steyer gained edge while Xavier Becerra’s momentum cooled. Pre-debate odds around 38% for both Democrats shifted to about 37% for Steyer and 33% for Becerra after the debate, with San Jose Mayor Matt Mahan rising to 16%. Becerra later touted a fundraising day as a sign of strength. Analysts warned the debate’s impact could be limited, and a misstatement about Iran raised scrutiny.