Washington

The U.S. Treasury Monday estimated it will borrow $365 billion of net marketable debt in the first quarter of 2019, assuming a $320 billion cash balance on March 31.

With Rule 15c2-12 amendments taking effect at the end of February, issuers expressed confusion about their impact on continuing disclosure responsibilities.

GFOA’s goal is to get a majority of House members to sign a letter pledging not to touch the tax exemption as they debate new infrastructure funding proposals.

Those betting the Federal Reserve will cut interest rates may have to wait until 2023 to see it happen.

Another week of sub-average issuance lies ahead for the muni market.

Many mayors were not sympathetic about the federal budget showdown, contrasting it to their own mandate to balance budgets and deliver services.

The idea of XBRL makes sense, sources said, but the issue is balancing costs and benefits.

The MSRB plans to file for a new effective date for new advertising requirements as soon as the government reopens.

The Jan. 29-30 Federal Open Market Committee may provide information that could strengthen the bond market, if it offers further signals of an expected pause in rate hikes and a softening of its stance on balance sheet normalization, observers say.

Stacey M. Tevlin, an associate director of the Federal Reserve Board’s Division of Research and Statistics, will be promoted to director effective Feb. 4, the Fed announced Friday.