NEW YORK - The Treasury Department said today it will auction $30 billion 91-day bills and $30 billion 182-day discount bills Monday.
The 91s are dated Oct. 8 and due Jan. 7, 2010, and the 182s are dated Oct. 8, and due April 8, 2010.
Currently, there are $31.004 billion 91-days outstanding and $25.000 billion 182s.
Fitch Ratings on Monday echoed a prior move by Moody's Ratings to revise the state's outlook to negative.
Muni advocates are watching Congress move towards a second reconciliation bill that may not require any provisions that pay for funding DHS, and the possibility of a third, tax-focused bill.
Veteran public finance banker Shawn Dralle has joined Los Angeles County as assistant-treasurer tax collector.
With no rate change expected, analysts look at Fed chair nominee Kevin Warsh and how investors should position.
Three universities in the Northeast found a market for their bonds despite larger headwinds for the higher education sector in the region.
While the state is most concerned about stopping the fires, credit rating agencies are monitoring the situation.
