The Treasury Department said Monday it will sell $15 billion of four-week discount bills Tuesday.
There are currently $57.996 billion of four-week bills outstanding.
The bills settle Jan. 16, and are due Feb. 13.
Federal Reserve banks hold nothing in maturing bills in their own accounts.
"Historically, the weeks leading up to the April 15 tax day have been challenging for the municipal market, often due to weaker supply and demand dynamics," said Sam Weitzman, a product manager at Western Asset.
The exemption from state income taxes for Native Americans who live and work on federally designated tribal reservation land was at issue in the case.
S&P cited repeated draws on reserves for the lowered outlook.
President Trump's budget proposal for fiscal year 2027 includes $1.5 trillion for the military, while cutting FEMA's budget, privatizing the TSA, and increasing transportation funding.
The current 18,000-seat facility cost $87.7 million, and the city covered the cost with cash from its penny sales tax.
New Hampshire's deals are always well received, according to the state treasurer. She hopes that trend holds in this week's market.
