The Treasury Department said it will sell $15 billion of four-week discount bills Wednesday. The four-week, or 28-day, bills will pay down $13 billion and refund $28 billion of maturing bills.The bills have an issue date of Dec. 27 and are due Jan. 24.Federal Reserve banks hold $14.015 billion of maturing bills in their own accounts.
The muni market is closing out the month of June with the curve "more or less static" to where it was at the end of May, Kim Olsan wrote for NewSquare Capital.
Conners & Co. consented to FINRA's findings without admitting or denying them.
The treasury and accounting software company DebtBook has launched two new artificial intelligence features, Insights and Marty.
Muni market professionals discuss the risks and benefits for issuers considering using AI to create disclosure documents.
The outlook revision to stable from negative follows the city's adoption of a fiscal 2027 budget with structural changes that greatly reduced a shortfall.
Washington Gov. Bob Ferguson said the economic council will build on other efforts he has championed to decrease permit housing times and encourage construction.
