NEW YORK - The Treasury Department said Monday it will sell $18 billion of four-week discount bills Tuesday.
There are currently $82.004 billion of four-week bills outstanding.
The bills settle July 28 and are due Aug. 25.
Federal Reserve banks hold $5.938 billion in maturing bills in their own accounts.
"Ceasefire optimism augmented by a liquidity-driven risk-on macro market environment should be neutral for duration and positive for credit spreads," BofA analysts wrote.
Federal Reserve Gov. Christopher Waller said Friday that the length of time the Strait of Hormuz remains blocked will be a key factor in the longer-term inflation outlook — and, by extension, the Federal Reserve's monetary policy path.
Florida PACE Funding Agency says it will have to default on its bonds unless the Florida Supreme Court takes quick action.
The IRS has sent a material event notice to the Hennepin Schools Building Company regarding the tax-exempt status of revenue bonds issued in 2021based on the non-filing of IRS form 990.
Otero County said the state Supreme Court's decision protects bonds that are paid off with revenue generated under an agreement with the federal agency.
Separately, the surface transportation bill could see a markup on April 29.
