NEW YORK - The Treasury Department said it will auction $35 billion two-year notes on Tuesday, August 23, and $35 billion five-year notes on Wednesday, August 24.
The five-years are due August 31, 2016. The two-years are due August 31, 2013. The notes are dated August 31.
"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.
