The Treasury Department said it will auction $29 billion seven-year notes on Thursday, March 26.
The notes are dated March 31 and are due March 31, 2022.
Treasury also said it will auction $26 billion two-year notes on Tuesday, March 24, and $35 billion five-year notes on Wednesday, March 25.
The five-years are due March 31, 2020. The two-years are due March 31, 2017.
Federal Reserve guidance will likely continue to support the long end, MMD's Kevin McGuigan said, but "investors need to be cautious about extending duration right now, given that a lot of the pressure on the long end has been the result of supply concerns."
With the effects of added Medicaid requirement looming next year, some states are already seeing stress cracks in their reserve fund balances and revenue levels.
Burton brings 35 years of municipal sales experience, most recently at Cantor Fitzgerald.
Healthcare providers will receive nearly $12 billion in funding in fiscal 2027 with federal approval of the state's Medicaid directed payment programs.
Since 2021, 223 mutual fund-to-ETF conversions have been completed, including 24 involving munis, according to Morningstar data.
With more than 25 years in executive leadership in Texas public education, Rees will develop bond underwriting opportunities in the state, a Stephens statement said.
