The Treasury announced Monday it plans to borrow $57 billion in the first quarter, up from its previous estimate of $56 billion.
It expects a $100 billion cash balance at the end of this quarter, same as its previous estimate.
Treasury borrowed $255 billion in the fourth quarter and ended with a $399 billion cash balance. It expected to borrow $188 billion in the quarter.
Fed Chair Kevin Warsh took a hawkish tone on inflation in his Jackson Hole speech, sparking a selloff in short-term UST yields.
With the Fed chair focusing on inflation, the markets have increased the odds of a September rate hike.
The administration is seeking industry feedback on funding mechanisms and the use of public-private partnerships in spaceport development.
The revised bill removes provisions creating state-backed credit enhancement for affordable housing bonds, calling instead for a study of housing finance tools.
Moody's Ratings cited the increasing likelihood the federal government won't continue leasing the current Washington, D.C., headquarters for NASA.
California's fall issuance plans bring a big name into the market at a time when high muni issuance levels have withstood higher interest rates.
